Debt Management Office chief executive Robert Stheeman discusses the impact of shrinking annuity sales on the UK gilt market.
Stheeman says the effect in the short to medium-term will be minimal as the bulk of demand will continue to come from defined benefit schemes. In the longer term, Stheeman predicts that a retail market...
Members of the Pensions and Lifetime Savings Association (PLSA) have given a green light to changes to the trade body's constitution and articles of association.
The newly-appointed chairman of the Pensions and Lifetime Savings Association (PLSA) has pledged to "open up" the organisation in a bid to improve policy development.
The Department for Work and Pensions (DWP) has suggested its forthcoming white paper on defined benefit (DB) provision will only show the direction of travel on consolidation, rather give than a definitive answer.
A raft of consultations and draft regulations will greet the industry over the coming weeks and months, the pensions and financial inclusion minister confirms.