Babcock International is set to complete the first longevity swap deal involving a UK pension fund in a bid to cap its exposure to increasing life expectancy this month.
The engineering firm said it had reached agreement in principle with the trustees of two of its defined benefit pension schemes to cap the longevity exposure of nearly all of its pensions in payment -...
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point