UK schemes could release up to £200bn currently invested in gilts to match their liabilities more closely with a buy-in policy, says Aon Hewitt.
The consultant said conditions in the bulk annuities market mean now is a good time for schemes holding gilts to switch them for a pensioner buy-in. Aon Hewitt principal and actuary Paul McGlone said:...
The PPF 7800 deficit was slashed in half last month as gilt yields rose. Victoria Ticha asks if this is the start of a longer trend
Frank Field is to warn Sir Philip Green not to sell his Arcadia business without ensuring defined benefit (DB) pensions are adequately protected, PP can confirm.
Some 79% of people would like to see stricter rules and checks to ensure pension pots are secure, according to a survey by the Pensions and Lifetime Savings Association (PLSA).
An analysis of IGC annual reports finds some lacking in information on value for money, costs and charges, and investment performance. James Phillips explores the findings