The Merchant Navy Officers Pension Fund (MNOPF) has tied up a £1.3bn buyout of its old section that includes a one-off discretionary increase for all members.
The deal consolidates a series of earlier buy-ins and means 40,000 members will receive their pensions through individual policies with either Rothesay Life or Legal and General (L&G). In an unusual...
Some 70% of defined contribution (DC) members want to know their scheme is personalised and tailored to their needs, an Invesco language study reveals.
The Pensions Regulator (TPR) has seconded staff from other national watchdogs as it rolls out the master trust authorisation and supervision regime, Lesley Titcomb has revealed.
In the second edition of AE Watch, Maria Nazarova-Doyle looks at the performance of the UK's largest DC default funds.
The Pensions Regulator (TPR) and Financial Conduct Authority (FCA) have outlined plans to better understand the consumer pensions journey as they launch their joint strategy.