The burden on companies of plugging defined benefit (DB) pension scheme deficits may be hurting business investment, according to the Bank of England (BoE).
It was unclear whether firms were more likely to reduce dividends than cut capital spending in response to higher pension contributions, minutes from the latest Monetary Policy Committee (MPC) revealed....
The Pensions and Lifetime Savings Association (PLSA) is in the process of convening an industry-wide group to take forward the work of the Institutional Disclosure Working Group (IDWG).
The Transfers and Re-registration Industry Group (TRIG) has given its support to an initiative which aims to complete occupational pension transfers within three weeks.
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.