Even small schemes should consider hedging longevity risk, Aon Hewitt believes. Managing principal and head of risk settlement Bird warned trustees against being put off by the "perception of price".
He said: “So far, we’ve seen schemes of £1bn or more looking at options to address longevity risk, because they generally have more sophisticated investment structures, can take advantage of economies...
The Environment Agency Pension Fund (EAPF) has joined a coalition of 88 investors to demand companies disclose more information on environmental impact.
The cross industry guaranteed minimum pension (GMP) equalisation working group has formed five sub-committees to each work on a key component of the guidance.
KAS Bank has launched an end-to-end cost transparency solution for defined contribution (DC) schemes to assist in the delivery of chair's statements.