Facility will only be activated during episodes of ‘severe gilt market dysfunction’
Consultancy predicts total volume of BPA business in 2024 to be between £45bn and £50bn
Industry lines up to praise DB surplus moves as long as right guardrails are in place
Curran set to retire in the summer of 2025 after 35 years in the industry
Transaction secures the benefits for more than 10,000 retirees and deferred members
Move could allow DB schemes to change their rules to permit surplus extraction
Consultancy launches service to provide bespoke packages to clients
Reform could be positive for employers, workers, members and the economy at large
LGPS NKA scores show leaders’ governance knowledge rises by 10%
Consultancy says ‘buoyant’ funding levels will enable more schemes to conduct a transaction