The British Steel Pension Scheme (BSPS) has revealed the number of steelworkers cashing in their defined benefit (DB) pensions more than doubled to 482 in the year to March 2017.
The figures, which were first reported by the Financial Times, come just weeks after a deal was reached to cut the scheme off from its sponsoring employer Tata Steel UK, following tough talks with The...
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.