Trustees should consider investment opportunities in the shipping industry brought on by the slow down in global trade following the credit crisis, Mercer says.
The consultant said high charter levels – the agreed cost of hiring a tanker – in the pre-crisis era significantly increased the price of vessels. However, the firm added that once the financial downturn...
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.