The Pensions Ombudsman (PO) has rejected claims that Capita "unreasonably" delayed a pension transfer out of the Travel Automation Systems Retirement Benefits Scheme into a Guernsey-based scheme.
David Brackley complained the value of his transfer was eroded by £30,000 and that he missed out on the tax benefits of moving into the qualifying registered overseas pension (QROPS), which was delisted...
The PPI has unveiled a policy paper outlining current considerations and policy debates relevant to DC scheme default strategies. Kim Kaveh explores some of its views.
The £30bn local government pension pool has appointed Quoniam and Robeco to manage an active equity portfolio worth around £400m.
The volume of insured buyouts from FTSE 100 defined benefit (DB) schemes could increase from £5bn to £300bn by 2029, according to Lane Clark & Peacock (LCP).