Insurance companies do not need to offer additional security in pension buy-in transactions, trustees believe.
Hewitt Associates polled a group of around 40 trustees at a debate held in its London office last week and found that 93% believed bulk annuity providers did not need to provide "security options" - which...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.