Trustees have created a surge in demand for buyout advice as part of risk management plans, Lane Clark & Peacock says.
The consultant said trustees were not simply looking at closing down and winding up schemes but were instead discussing ongoing schemes, with financial directors looking at buyout as a pension scheme investment....
Trustees lack expertise, time and resources to develop effective communications on technical pensions issues and need professional help, a major review of the British Steel saga has concluded.
In this week's Pensions Buzz, we want to know if you think trustees should consult directly with members before agreeing to a DB superfund buyout.
Thousands of savers taking tax-free lump sums ahead of retirement are at risk of a pensions shortfall in later life due to neglecting their remaining pot, Zurich has warned.
Professional Pensions is looking to update its list of pensions master trusts in the UK ahead of authorisation. Can you help?