Interest rates may increase faster in the future than financial markets have priced in, the Bank of England's (BoE) deputy governor has said.
Ben Broadbent said the central bank's monetary policy committee (MPC) considers there is a much greater need for this. Speaking to the BBC, Broadbent said: "The MPC said given the other assumptions...
Kim Gubler says it is time that schemes and administrators reassess SLAs and look at what real people need from their pension schemes and when
The Pensions Regulator (TPR) is focusing on reducing the number of "poorly-run" schemes as it seeks to improve standards across the board.
Prudential Retirement has completed around $2.6bn (£2bn) of reinsurance contracts for UK pension scheme longevity risk since the start of the year, it has disclosed.
Funding standards for DB schemes have increased exponentially over the past decades. Con Keating says such significant overstatement of liabilities will lead to pushback through the courts.