Swiss Re is shutting down its variable annuities and pensions business in a bid to scale back its retirement-related activities.
It is understood 11 London employees, seven New York staff and four contactors are part of the team, which is headed by Richard Farr. Swiss Re confirmed all 18 posts are at risk of redundancy and said...
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).