Towers Watson has completed more than $1bn (£0.6bn) in transactions involving multinationals using their in-house insurance companies to fund pensions, the consultancy said.
The move involves using an outside insurance company to meet the benefit obligations of a defined benefit plan. The insurance company then reinsures the policy to the company's captive insurer - its in-house...
Most people think it is right that savers take responsibility to protect from pension scams.
More than 100,000 savers face being landed with huge tax bills following tiny uplifts to their pension, a Freedom of Information (FOI) reply has revealed.
Alan Pickering says politicians should have the freedom to redefine what is meant by 'absolute'