Transaction covers around 40% of the plan’s pensions in payment
DWP consultation on general levy changes, Heywood acquires Idiom, a £30m buy-in deal
Transaction secures the benefits for around 440 scheme members
Canada Life research finds annuity sales increased by 100% compared to H1 2022
Full scheme transaction covers all pensioner and deferred members
Transaction secures the benefits for approximately 570 members
Payback period on a benchmark £100,000 annuity today is 14.5 years
Industry dubs latest HMRC figures ‘absolute disgrace’ as more than £1bn is repaid to savers
PP brings together all the appointments in the pensions industry over the past week
Lifetime allowance on pension saving scrapped in yesterday’s Budget