Pension scheme liabilities could hit £1.2trn by the end of December as a result of a sharp decrease in AA corporate bond yields, Xafinity Consulting warns.
The projected figure would equate to a 45% rise from £823bn in January this year. The consultant said a decrease in corporate bond yields - from 6.7% in January to 5.5% at the end of the year - meant...
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.
Errors in the Competition and Markets Authority's (CMA) data analysis make its provisional decision on the investment consultants market investigation "flawed", and lacks an "adequate evidential basis" to impose remedies, Mercer has said.