THE NUMBER of pension schemes using derivatives to hedge liabilities has trebled over the last year, research shows.
A survey of FTSE 350 firms by Mercer Human Resource Consulting and the Association of Corporate Treasurers found 18pc of the 103 chief financial officers and treasurers questioned are now undertaking interest...
The Co-operative Group's Somerfield Pension Scheme has completed a buy-in with Pension Insurance Corporation (PIC), insuring the benefits of its pensioner members.
Caroline Rookes CBE and Michele Hirons-Wood have joined The Pension Superfund's board of trustees to focus on maintaining governance standards and safeguarding member benefits.
The first specialist independent firm advising pension schemes on bulk annuities or moving to a consolidator has been set up with ambitions to shake up the market.