Two-thirds of trustees think the de-risking market will increase by more than 10% this year, according to research from MetLife Assurance.
The survey also found 11% of trustees believe the market will swell by a quarter in the next 12 months. Metlife said the results showed that after two years of unprecedented economic and stock market...
More needs to be done to speed up DB to DC transfers but, as Jonathan Stapleton says, more also needs to be done to protect members.
The Pensions Ombudsman (TPO) took on 2,566 early resolution cases in 2018/19 after onboarding a team from The Pensions Advisory Service (TPAS), according to its annual report and accounts.
The lifeboat fund is in a good position despite reserves taking a £0.6bn hit. But the ramifications of the EU judgment on member compensation is an area of concern for CEO Oliver Morley, writes Stephanie Baxter