Working out the impact of DB to DC transfers is nearly impossible. Michael Klimes finds out why.
For all the talk about pensions freedoms being the golden goose for the average man or woman, a closer look reveals it will not be easy for many people to get their money in April.
The Scottish Power Pension Scheme has entered into a swap with Abbey Life to hedge the longevity risk associated with £2bn of liabilities.
Sponsors of defined benefit (DB) schemes could face a £100bn bill as members look to transfer to defined contribution (DC) arrangements to take advantage of incoming ‘freedom and choice' rules.
The abolishment of short service refunds (SSRs) will force some defined contribution (DC) schemes to switch to lower-cost investment strategies, consultants have warned.
As deficits hit a record level, PP looks at the impact on funding negotiations
PP asks who will offer drawdown from April, and how will it work?
PP looks at why asset managers feeling the pinch might not be all good news
Decision makers in the local government pension scheme (LGPS) will likely face more onerous knowledge and understanding requirements in the near future, warn consultants.
PP looks at the pros and cons of betting on currency movements