The Financial Services Authority has proposed changes to the way pension transfer values are calculated.
It estimates the changes will prevent an undervaluation of benefits of up to £20bn. The proposals came after pensions minister Steve Webb vowed last May to protect pension scheme members from poor advice...
The Pensions Regulator (TPR) has appointed Charles Counsell as its new chief executive, who will take over from Lesley Titcomb next year.
The Reuters Pension Fund has completed a £625m full pensioner buy-in with Canada Life in the insurer's largest ever deal.
Anthony Arter will continue as head of The Pensions Ombudsman (TPO) until 31 July 2021, the Department for Work and Pensions (DWP) has announced.
The Nottinghamshire County Council Pension Fund has hired Kames Capital to run a £22m property mandate.