Plans to introduce holistic balance sheets as part of a planned overhaul of European pension regulation are unworkable, PensionsEurope says.
The organisation, which represents national trade bodies, said the methodology underpinning the holistic balance sheet made it unsuitable as a supervisory tool. The approach has been proposed by the...
The Co-operative Group's Somerfield Pension Scheme has completed a buy-in with Pension Insurance Corporation (PIC), insuring the benefits of its pensioner members.
Caroline Rookes CBE and Michele Hirons-Wood have joined The Pension Superfund's board of trustees to focus on maintaining governance standards and safeguarding member benefits.
The first specialist independent firm advising pension schemes on bulk annuities or moving to a consolidator has been set up with ambitions to shake up the market.