News

But it says rethink does not guarantee that financial redress will be awarded

Funding ratio up to 130.5% after UK and overseas equities 'performed well'

Scheme managers expect that either funds or pools will face consolidation

'GMPE Now' aims to complete equalisation projects within 18 months

Transactions fully secure the benefits for 650 members of the two schemes

Updated code of practice will take effect from 1 January 2026

Deal follows Howden’s acquisition of Barnett Waddingham earlier this year

Budget change would hit the growth phase directly leading many to cut contributions

Industry positive but says more detail needed in a number of areas

BPA transaction secures the benefits of 15 pensions and 15 deferred members