The bulk annuity market is set to beat all records next year, with new transactions reaching £30bn for the first time with the re-emergence of 'mega-deals', Aon has predicted.
The consultancy warned a busy 2018 may mean some schemes might need to be patient, waiting for prime insurer appetite and financial conditions before they look to de-risk. For the fourth year in a row,...
This week's top stories included an article on how the government will have to justify proposed changes to the state pension age after a Prospect petition secured over 12,000 signatures.
Smart Pension failed to report the fact it had not collected or invested nearly £900,000 of pension contributions on behalf of its members, an investigation by The Pensions Regulator (TPR) has found.
The Pension Scams Industry Group (PSIG) has updated its voluntary code of practice in a bid to help prevent members falling victim to evolving pension scams.
The government has rejected the Work and Pensions Committee proposal to introduce a 'default decumulation pathway' at retirement.