Changes to defined benefit indexation have saved FTSE100 schemes more than £15bn, Towers Watson estimates.
It said many of the country's largest companies are preparing to record "record windfall gains" as a result of the RPI to CPI switch. The consultant said the average reduction in scheme liabilities...
PP has compiled a list of what to watch out for over the coming months.
Canada Life has signed a £351m bulk annuity contract insuring the pensioner liabilities of 2,510 members and dependents in the AA UK Pension Scheme.
In this week's Pensions Buzz, we want to know if you believe there is ever a case for combining retirement savings products with other savings products, and if the PPF levy for sponsorless schemes is appropriate for DB consolidators.