The Aliaxis UK Defined Benefit Pension Scheme has completed a buy-in transaction with Just Group totalling £85m, structured across two tranches of pensions in payment.
The initial tranche, with a value of approximately £35m, was completed in November 2016 and utilised medical underwriting to remove a particular concentration of risk among a small group of the scheme's...
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.