Inflation-linked bonds rallied yesterday after the government announced it would cancel £9bn of linkers owned by the Royal Mail Pension Plan following the scheme's nationalisation.
The government is set to take on £28bn of RMPP assets in April, comprising £11bn of gilts of which about 80%, or £9bn, are inflation-linked. The Debt Management Office yesterday said it would look to...
Occupational pension provision has continued to grow in value, but there remains large variance in incomes across the pensioner age group, according to latest government data.
Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.
Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.
This week's top stories included coverage of the much-anticipated defined benefit (DB) white paper and the sector's reaction.