Buyout prices will rise as demand for pension scheme de-risking grows, Lane Clark & Peacock warns.
The consultant predicted £15bn of new de-risking business will be written this year but warned insurers can write no more than £10bn of buyout or buy-in business each year before prices start to rise....
The Brunel Pension Partnership has become the fourth local authority pool to receive the green light from the regulator.
Defined benefit (DB) schemes are to be offered a new consolidator as the former chief of the Pension Protection Fund (PPF) launches 'The Pension SuperFund'.
Martin Freeman has been hired as head of technology product and development at Smart Pension, to support the 'growing' technology product side of the business.
Tim Sharp says the government has missed some big opportunities to help workers in the DB white paper.