Almost two-thirds (64%) of trustees say the economic events of the past 18 months have meant that pension de-risking has become a greater priority, MetLife Assurance research reveals.
The insurance firm's survey - which polled 64 trustees surveyed at the PP Show and NAPF annual conference at the end of last year - also found 59% of trustees now have plans in place to de-risk their pension...
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.
The lifetime allowance will rise to £1,054,800 from April next year as the Office for National Statistics (ONS) recorded inflation at 2.4% in the year to September.
The national procurement frameworks for the Local Government Pension Scheme (LGPS) has been expanded to include member data services.