Labour will call for collective defined contribution (DC) schemes in order to protect savers against longevity risk and costs, the party has announced.
Shadow pensions minister Alex Cunningham MP said the UK needed a system "along the lines of the Dutch pension system", New Model Adviser has reported. The Stockton North MP, who took on the shadow ministerial...
The Co-operative Group's Somerfield Pension Scheme has completed a buy-in with Pension Insurance Corporation (PIC), insuring the benefits of its pensioner members.
Caroline Rookes CBE and Michele Hirons-Wood have joined The Pension Superfund's board of trustees to focus on maintaining governance standards and safeguarding member benefits.
The first specialist independent firm advising pension schemes on bulk annuities or moving to a consolidator has been set up with ambitions to shake up the market.