The new flat-rate state pension, set at about £144 a week and starting in April 2017, is set to be confirmed later today (Monday).
The final figure is expected to be higher than £144 as it will rise in line with inflation over the next four years. It said the current state pension is £107.45 per week, but can be topped up to £142.70...
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.