The Pensions Regulator (TPR) has sent letters to defined benefit (DB) schemes encouraging trustees to consider cutting transfer values on offer when workers want to leave.
A freedom of information request submitted by Royal London revealed the letters have been sent to several large pension schemes that have been experiencing a high volume of transfer requests, as part of...
The Pensions and Lifetime Savings Association (PLSA) is in the process of convening an industry-wide group to take forward the work of the Institutional Disclosure Working Group (IDWG).
The Transfers and Re-registration Industry Group (TRIG) has given its support to an initiative which aims to complete occupational pension transfers within three weeks.
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.