Smiths Group's TI Group Pension Scheme has insured £130m of pensioner liabilities with Pension Insurance Corporation (PIC), bringing the scheme's total insured liabilities to £1bn.
The deal is the second to be completed with PIC, following a £170m buy-in in 2013, and covers approximately 1,500 legacy benefits for pensioners and their dependents. The final salary scheme, which...
This week we want to know whether the UK needs an intergenerational equalities minister to tackle the gap between the young and old, and if the FCA's proposals on DB transfers go far enough.
The Pensions Regulator (TPR) has been granted £3.5m of additional funds to boost its compliance and enforcement work, its non-executive chairman Mark Boyle has said.
Paul Pettitt will leave Origo next year after 28 years with the financial technology company that has played a key role in developing the pensions dashboard.
The watchdog's approach has become too aggressive in the last year and it seems to be moving away from a risk-based approach, according to Peter Askins.