News

The bulk annuity market will hit £20bn in the next few years, driven by growing appetite from insurers and the maturing of defined benefit (DB) schemes, says KPMG.

Shadow pensions minister Gregg McClymont does not want to lose the pensions brief if Labour wins the general election next May.

The Pensions Regulator (TPR) expects a significant increase in the number of sanctions it hands out for auto-enrolment non-compliance as small employers hit their staging dates.

The pensions industry needs to take a more positive approach to the post-Budget changes, according to Association of British Insurers director-general Otto Thoresen.

The government is looking at scrapping the link between the auto-enrolment trigger and the threshold at which workers begin paying income tax.

The NAPF is to widen its focus to support smaller employers as well as taking a broader view on lifetime savings.

The industry has been urged to embrace new asset classes and retirement income freedoms by Sir Bob Geldof.

An incoming Conservative government has "no plans" to scrap the controversial shares for rights scheme, Mark Hoban MP says.

Matthew Porter has been appointed managing director of the intelligent solutions division of Equiniti.

Joe Riviere has been appointed an associate by Sackers that takes the firm's total number of pensions lawyers to 51.