Aon has improved the buyout position of one if its defined benefit (DB) schemes after undertaking a bulk enhanced transfer value (ETV) exercise.
The Aon Retirement Plan, which has £3.5bn assets, cut its liabilities by more than £80m after around 22% of its 7,000 non-pensioner members accepted an ETV. It follows a £900m pensioner buy-in for the...
Females can expect to live a greater number of years in poor health than males, according to data from the Office for National Statistics (ONS) for 2015 to 2017.
Scottish higher-rate taxpayers will benefit from more pensions tax relief than workers on the same salary anywhere else in the UK as income tax bands continue to diverge.
Schemes risk breaking the law and being forced to wind up as The Pensions Regulator (TPR) warns some may be master trusts but do not know so.
As a hectic 2018 draws to an end, Jonathan Stapleton wishes readers a quieter 2019.