Orthopaedic firm Smith & Nephew has entered into a buy-in with Rothesay Life for its two defined benefit (DB) schemes covering £190m of liabilities.
A number of smaller employers are planning to avoid auto-enrolment (AE) compliance citing the legislation as "designed solely to allow the government to steal more money".
Professional Pensions will put the actuarial, consultancy and administration sectors ‘on trial' at the Pensions and Benefits Show 2013.
Barnett Waddingham has bought Origen's small self-administered scheme (SSAS) business.
Standard Life has appointed Barry O'Dwyer, previously of Prudential, as managing director of its workplace proposition.
The European Insurance and Occupational Pensions Authority (EIOPA) has called for a levy to be raised on the industry to fund the organisation and strengthen its "operational independence".
Auto-enrolment is the biggest challenge employers and the pensions industry face today.
A Labour government would force small, poorly-performing schemes to merge, shadow welfare secretary Liam Byrne will announce today.
This week respondents support the ban on consultancy charging, endorse elected member-nominated trustees, and are equivocal on the benefits of collective defined contribution.
The European Commission (EC) has dropped plans to include solvency requirements in an overhauled pensions directive to be presented this autumn.