News

The value of buy-in and buyout deals completed in the first half of the year was four times higher than in the same period last year, research shows.

Almost three quarters of respondents to a Professional Pensions poll said the industry was not doing enough to ensure members of legacy defined contribution (DC) schemes got value for money.

TUI Travel has embedded a Pension Increase Exchange (PIE) offer into its retirement processes, in a move which has cut its liabilities by up to £32m.

The Pension Protection Fund (PPF) has completed the transfer of assets held by the UK Coal pension scheme after the company collapsed following a failed restructuring.

The majority of UK defined contribution (DC) savers are not satisfied with their plans, according to research.

The National Employment Savings Trust (NEST) has increased its focus on managing environmental, social and governance (ESG) risks in its portfolio.

Working people in the UK who are not saving enough for retirement number 11.9 million, according to research from the Department for Work and Pensions (DWP).

Aviva will do more mid-sized bulk annuity deals with companies over the remainder of the year after more than doubling its bulk business.

JPMorgan Asset Management (JPMAM) will rely on its existing fund range to meet demand for post-Budget retirement income offerings for defined contribution (DC).

Sue Applegarth is to become chief executive of the Superannuation Arrangements of the University of London (SAUL) Trustee Company from November.