Insurers are set to face a "flood of requests" from pension schemes for buy-in contracts to be restructured to allow for guaranteed minimum pension (GMP) equalisation, Aon warns.
A platform to help pension funds collect and analyse cost data, such as transaction costs, has been launched by Chris Sier, who has played an integral role in the fight for transparency.
The industry has broadly welcomed the Department for Work and Pensions' consultation on collective defined contribution (CDC) as a move towards improving retirement outcomes.
Defined benefit (DB) schemes and the Pension Protection Fund (PPF) are set to receive even less in sponsor insolvencies as the Treasury moves the taxman higher up the repayment ladder.
John McAleer sets out four areas where a change in approach to managing mature pension funds could lead to better outcomes for members, trustees and sponsors.
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.
Investment consultants including the 'big three' have all agreed to participate in discussions to develop a strategy to demonstrate whether they provide value for money to pension fund clients.
Legislation allowing opposite-sex couples to register as civil partners is unlikely to have a significant impact on pension scheme liabilities, industry experts say.
Aon has appointed Damon Hopkins as a principal consultant and Adam Fisher as an associate investment consultant for its defined contribution (DC) team.
SEI Investment Company's institutional group has appointed Alistair Jones to deliver investment advice for its defined benefit (DB) and defined contribution scheme client base.