Babcock pension to hedge risk of longevity; Pointing his subs straight ahead; If BT needs pensions advice, why not give Babcock a call?
Babcock pension to hedge risk of longevity Financial Times Babcock International has become the first UK company to hedge itself against the risk that its retirees will live much longer than expected...
The Centre for Social Justice is calling for the state pension age to be raised to 70 by 2028 and to 75 by 2035, a much faster rise than currently planned.
The High Court has blocked the £12bn transfer of Prudential's annuity book to Rothesay Life, citing the insurer's lack of "established reputation" and differing "capital management policies".
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.