The National Express UK Pension Scheme has completed a full buy-in with Rothesay Life, insuring benefits for all members.
According to the company's annual results, published yesterday (28 February), the transaction completed in October last year and covers 100% of the defined benefit (DB) scheme's future obligations. ...
The top stories this week were the High Court's decision to block the £12bn annuity transfer from Prudential to Rothesay Life, and a separate court ruling that 'raises the bar' for pension rectification exercises.
Guaranteed minimum pension (GMP) equalisation has soared to the top of pension schemes' to-do lists, with 58% stating it is a priority project, research from Equiniti has revealed.
Professional Pensions is holding its defined contribution (DC) conference on 4 September.