PENSION liabilities can vary by 20pc depending on the mortality rate used, research shows.
Mercer Human Resource Consulting looked at 28 firms in the FTSE100 and found more than half voluntarily offered to disclose information in their annual reports on the way in which they calculated mortality...
The Pensions and Lifetime Savings Association (PLSA) is in the process of convening an industry-wide group to take forward the work of the Institutional Disclosure Working Group (IDWG).
The Transfers and Re-registration Industry Group (TRIG) has given its support to an initiative which aims to complete occupational pension transfers within three weeks.
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.