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...
A new criminal offence of neglecting pension responsibilities will be announced in a pensions white paper this week, the prime minister has confirmed.
Despite improvements in investment manager attitudes towards responsible investment, research reveals there is a way to go before the majority deliver meaningful action. Victoria Ticha explores why
The Co-operative Bank is set to continue de-risking pension schemes after it mitigated further losses by switching from the retail prices index (RPI) to the consumer prices index (CPI).
A model aimed at reducing climate change-related financial risk exposure from corporate credit assets has been launched by Insight Investment.