News

Mercer Master Trust has sent off its authorisation application to The Pensions Regulator (TPR) taking the total number of submissions received and awaiting response to 12.

Phoenix Group transacted £800m of bulk annuities in 2018, its first year in the market since completing a deal with its own scheme two years ago.

Aon has confirmed it will not make an offer for Willis Towers Watson after "preliminary" discussions with the global consultant.

Legal & General (L&G) has published its 2018 results, revealing a 10% rise in operating profits driven by strong growth in both its retirement and defined contribution (DC) businesses.

SEI has submitted its master trust authorisation application to The Pensions Regulator (TPR) with just a few weeks left until the deadline.

Most Pensions Buzz peers do not think the DC charge cap should be lowered from 0.75%.

The Single Financial Guidance Body (SFGB) will be rebranded as the 'Money and Pensions Service', the government has announced.

The Financial Conduct Authority (FCA) has appointed Richard Lloyd, re-appointed Baroness Sarah Hogg, and extended Amelia Fletcher's appointment as non-executive directors.

The deficit of defined benefit (DB) pension funds was £200bn at the end of February, according to figures released by PwC's Skyval index, £10bn lower than at the end of January.

Sponsors and trustees of defined benefit (DB) schemes with 31 March valuation dates need to discuss their options given the clash with Brexit, according to Aon.