Deal comes on the back of LDC’s private equity investment in Ross Trustees in late 2020
Deal covers pensioner liabilities in the Lloyds Bank Pension Scheme No.1
Awards granted for services to diversity, health, finance, public service and consumers
Scottish Widows managing director of pensions Jackie Leiper will now run the platform business
Defined benefit (DB) schemes that provide GMPs must revisit and, where necessary, top-up historic cash equivalent transfer values (CETVs) that have been calculated on an unequal basis, a landmark court judgment said last week.
Thirteen recommendations for the Money and Pensions Service (Maps) have been laid out in an independent report to address the “urgent” financial wellbeing implications of the coronavirus pandemic on Britons.
Mark Smith looks at the next instalment of the Lloyds Bank's GMP equalisation court hearing, and what it could entail for pension transfers.
Scottish Widows is aiming to boost its sustainability practices by working under a new responsible investment and stewardship framework.
Scottish Widows completed five bulk annuity transactions in 2019, with liabilities insured exceeding £2bn.