PENSION funds need to change their investment strategy in order to lock-in low buyout prices, PricewaterhouseCoopers says.
Partner Chris Massey said market volatility meant buyout costs could change from one day to the next. And he said schemes should adopt an investment strategy in order to lock-in the price quoted. Massey...
Former home secretary Amber Rudd is to return to the cabinet as work and pensions secretary after the resignation of Esther McVey.
This week's top stories included proposed draft regulations in a no-deal Brexit which would make scheme investments illegal, and Esther McVey's resignation as secretary of state.
There have been a total of 15 ministers responsible for pensions since 1997. Here is the list in full.