The government has begun to sell off former assets of the Royal Mail Pension Plan with the sale of £400m of properties to the Santander Pension Scheme.
The assets were acquired by the government when it took on the pension liabilities of the Royal Mail in a bid to prepare the service for privatisation. In last year's budget, Chancellor George Osborne...
The top stories this week were the High Court's decision to block the £12bn annuity transfer from Prudential to Rothesay Life, and a separate court ruling that 'raises the bar' for pension rectification exercises.
Guaranteed minimum pension (GMP) equalisation has soared to the top of pension schemes' to-do lists, with 58% stating it is a priority project, research from Equiniti has revealed.
Professional Pensions is holding its defined contribution (DC) conference on 4 September.