THE insurance buyout market for defined benefit pension schemes is finally taking off, Aon Consulting claims.
In its latest quarterly buyout market survey, it shows that over the fourth quarter of 2007 there was a dramatic increase in the value of cases being placed, thanks mostly to large deals, including Emap,...
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Robin Ellison says it is not unreasonable for schemes and their trustees and sponsors also to expect an improvement in the tone of regulation
The Pensions Regulator (TPR) has ordered a firm to pay back more than £700,000 of pension contributions after it miscalculated the amounts due for more than a year.
Insurers are set to face a "flood of requests" from pension schemes for buy-in contracts to be restructured to allow for guaranteed minimum pension (GMP) equalisation, Aon warns.