SOME buyout insurers could reduce pensions in payment should deflation occur, Punter Southall warns.
The consultant said pensions paid through defined benefit occupational schemes were normally protected from deflation through a 0% floor in pension increases. It said, while this protection should be...
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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.