Bulk annuity business in 2016 will outstrip last year's levels despite a slow start due to the introduction of Solvency II, according to Willis Towers Watson.
The Market insight - longevity hedging and bulk annuities de-risking report 2016 report predicted £12bn in liabilities would be transferred to insurers through buy-ins and buyouts, up from £10bn in 2015....
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.