The industry has welcomed the Department for Work and Pensions' (DWP) consultation on defined benefit (DB) consolidation as a way to address scheme covenant issues.
In its consultation, launched on 7 December, the DWP set out plans for an authorisation and supervision regime for consolidators, with a proposal to mandate them to demonstrate at least a 99% chance of...
Alan Pickering says politicians should have the freedom to redefine what is meant by 'absolute'
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This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.