STRUGGLING UK schemes are increasingly looking at offering members enhanced transfer incentives but are fearful of being the first to do so, an adviser claims.
Independent financial advisory firm Regent said large schemes had shown a lot of interest in enhanced transfers but claimed “no-one wants to be first”. Regent Pensions managing director and actuary...
The top stories this week were the High Court's decision to block the £12bn annuity transfer from Prudential to Rothesay Life, and a separate court ruling that 'raises the bar' for pension rectification exercises.
Guaranteed minimum pension (GMP) equalisation has soared to the top of pension schemes' to-do lists, with 58% stating it is a priority project, research from Equiniti has revealed.
Professional Pensions is holding its defined contribution (DC) conference on 4 September.