Pilkington Superannuation Scheme has insured £1bn of liabilities against unexpected longevity increases, in a deal which confirmed 2011 as a record year for the de-risking market
The arrangements with Legal & General insure the payment of benefits to 11,500 pensioner members against future longevity risk and have been reinsured with Hannover Re. Chairman of trustees Andrew Robb...
The Department for Work and Pensions (DWP) will develop and test new ways to include 4.8 million self-employed workers in pension savings.
Opt-out rates at the end of June 2018 "remained consistent" with levels before the April contribution rate increase, according the Department for Work and Pensions (DWP).
The Pensions Regulator (TPR) has appointed Charles Counsell as its new chief executive, who will take over from Lesley Titcomb next year.
The Financial Reporting Council (FRC) should be abolished and audit and advisory businesses should be split into separate entities to improve the sector for both savers and investors, two reports published today say.