Insurers should consider eyeing up smaller de-risking transactions rather than focusing on the mega deals that can end up falling away, according to Aon Hewitt.
Marks and Spencer has reached an agreement with the trustees of its defined benefit (DB) pension scheme to increase annual cash contributions for future service by £15m.
Trustees have yet to prioritise cash management despite the fact that half of FTSE350 defined benefit (DB) schemes are turning cash flow negative, according to Hymans Robertson.
Just one third of 18-24 year-olds are in a workplace pension, suggesting much more action is needed according to the Chartered Institute of Personnel and Development (CIPD).
The bulk annuity market will grow significantly over the next five years in spite of higher costs due to low interest rates and Solvency II capital requirements, according to Fitch Ratings.
Total deficits of defined benefit (DB) schemes in the Pension Protection Fund (PPF) 7800 increased by more than a third over last month against a backdrop of falling gilt yields.
Transfer values have recovered from a sharp fall at the end of last year on the back of falling gilt yields, according to Xafinity.
Low & Bonar has completed a medically underwritten buy-in of £34m of liabilities within its defined benefit (DB) pension scheme.
Adrian Humphreys has been appointed to lead the health and risk business of JLT Employee Benefits as it looks to beef up services for clients.
Royal Mail Pension Plan is the first scheme to have its in-house administration team gain reaccreditation from the Pensions Administration Standards Association (PASA).