PENSION scheme surpluses have rose to an all time high of £21bn at the end of February, latest research from Aon Consulting reveals.
The consultancy firm said the Aon200 index, which tracks the funding position of the 200 largest privately funded UK schemes, showed funding levels had improved from a net deficit of £12bn at the end...
The Pensions and Lifetime Savings Association (PLSA) is in the process of convening an industry-wide group to take forward the work of the Institutional Disclosure Working Group (IDWG).
The Transfers and Re-registration Industry Group (TRIG) has given its support to an initiative which aims to complete occupational pension transfers within three weeks.
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.