FTSE350 buyout liabilities are surging towards £1trn forcing schemes to abandon buyout plans and move forward with alternative de-risking strategies, Aon Hewitt says.
Analysis from the consultant found buyout liabilities for the country's 350 biggest firms stood at £650bn in February but have increased by about 35% to £850bn today.buyout It said volatile accounting...
Richard Wohanka is to chair The Pension Superfund's trustee board, working alongside professional firm 2020 Trustees to safeguard members' benefits.
Four people behind a £13.7m cold-calling scam which cost 245 people their savings have been banned from being pension scheme trustees by The Pensions Regulator (TPR).
The Pensions Administration Standards Association (PASA) has launched its latest round of guidance for guaranteed minimum pensions (GMPs).