The future of enhanced transfer value exercises has been secured after the government abandoned plans to ban transfers from contracted out defined benefit schemes.
Eversheds said the de-risking exercise would have been impossible if transfers from contracted out defined benefit schemes to contracted-in defined contribution schemes had been banned. Contracting-out...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.