The First Quench Pension Fund has secured a £160m buy-in that will keep the 2,000-member scheme out of the Pension Protection Fund (PPF).
The transaction with Pension Insurance Corporation (PIC) guarantees members will receive benefits of at least PPF level. Trustees of the scheme said members would also see a "material uplift" once the...
The Pensions and Lifetime Savings Association (PLSA) has revamped the standards for its Pension Quality Mark (PQM) in a bid to raise the quality of single-employer defined contribution schemes.
People approaching retirement are "systematically misjudging" their longevity and undervaluing annuities, the Institute for Fiscal Studies (IFS) says.
Professional Pensions is holding a breakfast briefing on engaging defined contribution (DC) members on 7 February.
Panellists at a PP webinar discuss October's High Court judgment on GMP equalisation, how schemes have responded, what their strategies should be, and how the industry can approach it.