The final months of last year saw a dearth of buyout activity due to uncertainty stemming from a lack of Consumer Prices Index-linked instruments, Punter Southall says.
In its latest De-risking Solutions Update, published today, the consultant said only one large buyout - by Prudential - was completed in Q4 last year, with no longevity swaps reported for the third consecutive...
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).