Insurers completed just £800m of buyouts and buy-ins in the first quarter of the year, according research from LCP, far below the £4.4bn written in the first quarter of 2014.
The consultant said these figures were in line with historical norms after a record-breaking year, and noted that transactions had picked up in the second quarter. The most significant transaction in...
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.