Annuity bar placed on trustees; Central banks inject yet more liquidity; Cash for personal finance courses; Fidelity managing director to take sabbatical
Annuity bar placed on trustees Financial Times (p2) Trustees of pension schemes whose companies went bust, leaving tens of thousands of people facing big shortfalls on their pensions, are to be barred...
Kim Gubler says it is time that schemes and administrators reassess SLAs and look at what real people need from their pension schemes and when
The Pensions Regulator (TPR) is focusing on reducing the number of "poorly-run" schemes as it seeks to improve standards across the board.
Prudential Retirement has completed around $2.6bn (£2bn) of reinsurance contracts for UK pension scheme longevity risk since the start of the year, it has disclosed.
Funding standards for DB schemes have increased exponentially over the past decades. Con Keating says such significant overstatement of liabilities will lead to pushback through the courts.