Regulator’s CEO says industry can be ‘more confident’ about the future
Drop driven by lower new business margins on lower sales
TPT talks about driving better governance, optimising value and improving outcomes
The three transactions insure £86m worth of premiums
Transaction covers three final salary schemes, securing the benefits of 1,671 members
Vidett says endgame planning, DC consolidation and dashboards will keep industry busy
Regulator reveals 74% of DB schemes are now closed to future accrual with just over 5,000 schemes remaining
Solution will provide ‘secure and compliant’ way to deploy surplus capital
Aggregate surpluses reached £252bn this year, with ‘slight dip’ in funding levels last month
Regulator launches initiative to explore approach of schemes to investing in growth assets