Succeeding Rachel Reeves
Industry calls on commission to provide a ‘clear’ and ‘practical’ definition of adequacy
Smaller schemes and endgames are now shaping future demand
Transaction covers 36,000 members and follows a full buy-in last August
Service will help members understand whether they are on track to achieve their desired retirement lifestyle
The government’s scale policy is set to apply from 2030
Sector raises concern over the impact of the government’s proposals on master trusts
Transaction secures the benefits of 22 deferred members and 17 pensioners
Standard Life says H2 volumes could be driven by larger schemes approaching the market