A national pension savings scheme must not be allowed to affect existing scheme provision, insurers claim.
But the Association of British Insurers says this can only be assured if the remit for the authority responsible for implementing the NPSS’s proposed personal accounts is spelled out clearly in legislation....
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.