Redington has unveiled a report asking if DB consolidation is good for schemes and members. Kim Kaveh looks at the detail.
Fundamentally, moving a defined benefit (DB) scheme to a consolidator is a very big decision for a group of trustees, as explained in a Redington report revealed exclusively to PP today (9 January). ...
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.