Pension Protection Fund (PPF) levy-payers and claimants could be in line to benefit from a surplus in the lifeboat fund if it hits its long-term self-sufficiency target.
While no decision has yet been made, with the fund currently expecting to hit this target in 2030, its chief executive Oliver Morley said the board would be considering options on how to distribute the...
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.