Private equity firm Blackstone is looking to gain access to the UK bulk annuity market by buying a stake in Goldman Sachs' bulk insurance vehicle Rothesay Life, according to reports.
The Telegraph reports that talks are at an early stage between New York-based Blackstone and Goldman Sachs, which has announced its intention to sell Rothesay (PP Online, 9 August). The newspaper says...
The Pensions Regulator (TPR) and Labour MP Stephen Kinnock and will listen to the experiences of steelworkers when transferring their pensions away from the British Steel Pension Scheme (BSPS) next week in Port Talbot.
Just Group has acquired a 75% stake in the holding company of Corinthian Pension Consulting in a bid to strengthen its professional defined benefit (DB) advisory services.
The Pensions Regulator (TPR) has exercised its production order power under the Proceeds of Crime Act 2002 for the very first time as part of a fraud investigation.
The ITN Limited Pension Scheme has named Trafalgar House as its administrator for an initial term of five years.