The Research Machines scheme has entered into a £31m buy-in with Pension Insurance Corporation (PIC) to cover its pensioner members.
The buy-in will generate an income stream to Research Machines that closely matches the payments to all 165 existing pensioners. The deal covers approximately 9% of scheme members and 13% of the total...
An unnamed London-based employer has been hit with a £350,000 fine from The Pensions Regulator (TPR) for failing to fully comply with its pension duties.
XPS Pensions has enhanced its fiduciary management selection service in order to help trustees through initial selection and mandatory re-tendering.
One in five defined benefit (DB) schemes are in The Pension Regulator's (TPR) weakest two categories, analysis by Hymans Robertson has revealed.
State Street Global Advisors (SSGA) has been selected as the first index manager for the Asset Management Exchange's (AMX) passive funds.