The credit crunch has created unprecedented opportunities for the insured buyout market and businesses looking to clear pension liabilities from balance sheets, Aon Consulting says.
The firm said companies such as Paternoster and Legal and General would not have been as successful this year had concerns about defaults not driven up corporate bond yields. The credit crunch has driven...
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.