PENSION CORPORATION has launched a insurance product to protect defined benefit pension funds and their sponsors against the cost of pensioners living longer than expected.
The firm’s policy – offered by its subsidiary, Pension Insurance Corporation – will reimburse pension funds for the cost of any future pension payments that arise from pensioners living longer than expected....
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Collective defined contribution (CDC) schemes will need clear and transparent governance frameworks, as well as effective communication strategies, to be a success, the Work and Pensions Committee (WPC) has been told.
The aviation sector's constant evaluation of mistakes to improve safety should be applied to defined benefit schemes, as too many are making the same mistakes again and again, latest research shows.
A month of strikes are due to hit 64 universities from tomorrow over major reforms to the Universities Superannuation Scheme (USS).