Market movements in the first quarter of the year have had a mixed effect on the bulk annuity market and pushed up the cost of buy-ins and buyouts, says Towers Watson.
The consultant's latest settlement watch found that falling gilt yields had increased bulk annuity prices in general, with index-linked annuity prices rising further due to an increase in the cost of hedging...
A new criminal offence of neglecting pension responsibilities will be announced in a pensions white paper this week, the prime minister has confirmed.
Despite improvements in investment manager attitudes towards responsible investment, research reveals there is a way to go before the majority deliver meaningful action. Victoria Ticha explores why
The Co-operative Bank is set to continue de-risking pension schemes after it mitigated further losses by switching from the retail prices index (RPI) to the consumer prices index (CPI).
A model aimed at reducing climate change-related financial risk exposure from corporate credit assets has been launched by Insight Investment.