Bulk annuity specialist Paternoster is offering struggling firms a way out of their Pension Protection Fund obligations by guaranteeing their benefits to the same levels.
Chief executive Mark Wood said Paternoster had agreed deals with two employers to guarantee benefits up to 90pc and without the £26,000 a year cap imposed by the PPF. Once insured, companies no longer...
BNY Mellon has launched a range of reporting tools to help institutional investor clients track and evaluate portfolio investments based on environmental, social and governance (ESG) issues.
Three in five trustees have not heard of Clara Pensions, one of two defined benefit (DB) consolidators to have launched since last year's government white paper.
Both New Zealand and Australia are assessing myriad complex pension policy options. David Harris says the UK would do well to study these developments
Inflation in the UK rose slightly in February to 1.9% on the back of higher food prices, according to the Office for National Statistics (ONS).