Pooling traditional defined contribution (DC) fund assets could lead to significantly larger retirement funds through better diversification and governance, Pensions Policy Institute (PPI) and Schroders research has suggested.
Although scale would not have a direct impact, a "governance premium" and greater access to a wider range of investment options could see members grow their pot by up to 62% if investment returns improve...
Canada Life has signed a £351m bulk annuity contract insuring the pensioner liabilities of 2,510 members and dependents in the AA UK Pension Scheme.
In this week's Pensions Buzz, we want to know if you believe there is ever a case for combining retirement savings products with other savings products, and if the PPF levy for sponsorless schemes is appropriate for DB consolidators.
The Insolvency Service has disqualified four directors of trustee firms from running companies for a total of 34 years following an investigation.