Scottish Widows has secured its second bulk annuity deal with a £54m buy-in for Barloworld UK Pension Scheme after the insurer entered the market last year.
Volatility has risen ahead of the EU referendum with markets already reeling from a deflationary scare driven by the oil price fall. Kristian Brunt-Seymour finds schemes must take action now to mitigate their risk exposures.
There would be little to gain from Britain leaving the EU, according to a paper from BlackRock Investment Institute (BII).
As the EU referendum looms closer it is entirely possible the UK could end up leaving Europe. Kristian Brunt-Seymour finds a Brexit could be both good and bad for pensions.
Japanese equities plunge 5%
This week the FCA admitted a blunder on cash-out figures, TPR won a landmark AE case in the High Court, while a ground-breaking case could help trustees override drafting mistakes.
Pension professionals believe the industry spends too much time dealing with problems that affect a small number of high earners, according to PP research.
Despite growth, pension funds still face a number of challenges, John Redwood says
US President Barack Obama has praised a deal to prevent a "fiscal cliff" of spending cuts and taxation.