Scheme says favourable market conditions may result in a higher scheme surplus
Fourth and final transaction fully secures the benefits of approximately 67,000 members
Majority of savers cite importance of employer contributions to boost retirement income
Asset owners concerned that short-termism is trumping the long-term interests of schemes
The regulator warned trustees cannot ignore the ESG elephant in the room
The appointment means Lifesight now looks after the pensions of 325,000 members in total
The industry is not in agreement over whether introducing such a system would be positive
Transaction fully insures the benefits for 149 deferred members and 111 pensioners
Scheme identity verification standards are too basic and come too late in the process
Analysis finds FTSE 350 DB schemes’ time to buyout has dropped to 4.7 years