MEMBERS of defined contribution plans outweigh those of more attractive defined benefit schemes for the first time, according to the Association of British Insurers.
Figures from the ABI, based on a poll of over 3000 savers, revealed that 17pc of the workforce now pays into an employer-arranged DC scheme, up from 14pc in 2005. However, the number of individuals who...
The Pensions and Lifetime Savings Association (PLSA) is in the process of convening an industry-wide group to take forward the work of the Institutional Disclosure Working Group (IDWG).
The Transfers and Re-registration Industry Group (TRIG) has given its support to an initiative which aims to complete occupational pension transfers within three weeks.
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.