Pension Insurance Corporation has bought out the defined benefit Swan Hill Pension Scheme in a £72m deal.
The deal is Pension Insurance Corporation first entry into the growing DB buyout market. The scheme – which is sponsored by Raven Mount – has 1200 members. It has assets of £65m which will be topped...
This week's edition of Professional Pensions is out now.
The government is in talks with the UK and Irish pensions regulators over how to protect members of cross-border schemes in the event of a no-deal Brexit.
The equalisation of guaranteed minimum pensions (GMPs) is at least two years away from being completed, and could take longer than four years for some schemes, a poll has found.
The Pensions Regulator will consider if schemes should be required to have professional trustees and assess the case for greater regulation of administrators and system providers, PP can reveal.