ASSETS from under funded schemes in wind-up could be used as an extra source of compensation for scheme wind-up victims under proposals to be considered by a government review.
Pensions minister John Hutton said the new review would examine how to “best use of the assets in pension schemes that are winding-up under funded with an insolvent employer.” It will also determine...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.