The Bentley pension scheme has agreed a deal with Deutsche Bank's Abbey Life to hedge the longevity risk associated with £400m of its liabilities.
The longevity swap covers all the scheme's pensioner members but is considerably smaller than any similar transactions completed to date. The sole actuarial adviser on the deal was Aon Hewitt, which...
This week's top stories were the DWP giving the green light to CDC and TPR granting extensions for 11 master trust authorisation applications.
Susan Martin says building strong foundations for business are the only way forward as the pensions industry is radically shaken up
The Pensions Regulator (TPR) has granted Now Pensions a six-week extension for its master trust authorisation application after the 31 March deadline, PP can reveal.
The Pensions Regulator (TPR) has granted 11 master trusts extensions to apply for authorisation, as it confirms it has received 22 applications ahead of the 31 March deadline.