Top bosses at FTSE100 firms have average pension pots worth nearly £4m each, with the top director this year amassing a £21.5m pot, according to a trade union study.
The Trades Unions Congress ninth annual PensionsWatch survey found the average transfer value for a director's define benefit pension was £3.91m, providing an annual pension of £224,121. The most valuable...
The Co-operative Group's Somerfield Pension Scheme has completed a buy-in with Pension Insurance Corporation (PIC), insuring the benefits of its pensioner members.
Caroline Rookes CBE and Michele Hirons-Wood have joined The Pension Superfund's board of trustees to focus on maintaining governance standards and safeguarding member benefits.
The first specialist independent firm advising pension schemes on bulk annuities or moving to a consolidator has been set up with ambitions to shake up the market.