Regulatory authorities must consider the UK's unique reliance on annuity providers for retirement income when it comes to implementing Pillar I of Solvency II, Mercer says.
The consultant "cautiously welcomed" the consultation process being used to develop the detailed aspects of the EU Solvency II framework directive. However, it stressed that efforts must be made to...
Many single-employer trust-based DC schemes will move to a master trust in coming years. Stephen Richards looks at the pitfalls they need to avoid
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.