Schemes need to prepare for the return of inflation in case central banks fail to control upward pressure on prices, Watson Wyatt says.
The consultant said a weak economic recovery would keep inflation low for several years - but warned of potential significant increases in the medium to long-term. It said accurately timing protection...
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.