THE COST of buying out pension liabilities has reduced significantly over the last 18 months, Paternoster claims.
The insurance firm’s chief executive Mark Wood told delegates that the cost to buy-out pensioners has reduced by 6.5pc while the cost to buy-out deferred members has reduced by more than 11pc. Wood...
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.