Balanced pooled funds have strengthened further in August 2009 with a median return of 6.0%, latest CAPS pooled pension fund performance results from BNY Mellon Asset Servicing reveal.
The performance measurement firm said the year-to-date return is now in double figures at 11.5%. However, it said the one year figure was in negative territory with a return of -4.0%. It said over the...
Canada Life has signed a £351m bulk annuity contract insuring the pensioner liabilities of 2,510 members and dependents in the AA UK Pension Scheme.
In this week's Pensions Buzz, we want to know if you believe there is ever a case for combining retirement savings products with other savings products, and if the PPF levy for sponsorless schemes is appropriate for DB consolidators.
The Insolvency Service has disqualified four directors of trustee firms from running companies for a total of 34 years following an investigation.