The government could ease the transition to the flat rate state pension by paying out old state second pension entitlements as one-off sums in a ‘buyout' arrangement, Barnett Waddingham says.
This comes as speculation grows over many other aspects of the government's white paper on state pension reform, particularly automatic increases to the state pension age. The paper was delayed last summer...
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.