Trustees of the Meat and Livestock Commission Pension Scheme have completed a £150m pensioner buy-in with Aviva, prompted by a drop in the pricing of such deals.
The agreement will see Aviva make payments to the scheme equivalent to the benefits of its approximately 900 current pensioner members. Towers Watson senior consultant James Staveley-Wadham - whose...
UK inflation unexpectedly rose to 2.7% in August, beating analysts' expectations of a drop to 2.4% from 2.5% the previous month.
The Pensions Advisory Service (TPAS) helped 187,000 people in 2017/18, a 9% fall on the previous year despite setting up special helplines for specific scheme members.
The Liberal Democrat party has passed a motion pledging to cap tax-free lump sums under Freedom of Choice at £40,000 if elected into government.