SCOTTISH Widows has introduced a facility to allow policy holders to access tax free cash without having to draw income until it is needed.
Clients can also protect any tax free cash entitlement that they may have had in excess of 25pc at A-Day under the new income drawdown feature in its Individual Buy Out Plan (Section32). Since A-day,...
The Pension Protection Fund (PPF) is consulting on proposals to charge a "risk reflective" levy for commercial defined benefit (DB) consolidation vehicles.
The funding gap across FTSE 350 schemes could be slashed by as much as £275bn if schemes look beyond traditional ways of creating value. Victoria Ticha examines how
There will be "many flavours" of defined benefit (DB) consolidators but consolidation will only be the right answer for a minority of schemes, Alan Rubenstein says.
Work and Pensions Committee (WPC) chairman Frank Field has questioned the regulator on what lessons it can learn from the experience of the Kodak Pension Plan No.2 (KPP2).