Partnership has completed a £22m medically underwritten buy-in with an unnamed scheme, in the largest enhanced bulk annuity transaction to date.
The transaction covers around 20 of the scheme's highest liability members, who account for approximately 50% of its liabilities. The underwriting process, using health data gathered from members using...
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
This week's top stories include the government spending £800,000 on a Gogglebox advert and MPs writing to The Pensions Regulator about its engagement with the Railways Pension Scheme.