Institute says gap is a result of women being less likely to be in paid work than men
Regulator said trustees need the right skills to deal with a distressed situation
Broadstone says DB funding positions remain stable but buyout positions are improving
The firm saw its pension risk transfer business increase with ‘robust’ volumes during the year
PensionBee finds women of nearly all ages have increased their average contributions
Transfer payments fell by 50% and value requests by 35% compared to previous year
The transaction means all DB liabilities of the pension plan have now been fully insured
Aggregate funding level of UK DB schemes on a long-term basis increases to 105% in February
DWP urged to implement changes to AE to address retirement income shortfalls
Insurer believes volatility has led to improved funding and higher sponsor appetite for deals