Half of pension professionals polled are exploring the mechanism
Insurer’s proposition provides potential upside for members from discretionary bonus payments
Trustees should update existing policies to reflect ‘everyday reality’ of operations
Consultation comes amid developments in the bulk annuity market
SPP poll finds majority of pension professionals surveyed want to scrap changes
TPR warns employers face regulatory action if they walk away from pension liabilities
Over a quarter of 44 to 54-year-olds have taken no pension actions in the past year
Fixed-fee service aims to provide better reinsurance access for sub-£1bn schemes
LCP poll finds boosting outcomes and improving member experience are key drivers
Smaller DB scheme solution was launched last year to help with the insurance process