Trustees lack confidence the new regime will work and are uncertain as to the process
Deal comes as XPS looks to develop its self-invested pensions business
Lifeboat fund exits Manchester office investment in deal with NatWest
Guidance will act as starting point for schemes caught in the initial two waves of reporting
The watchdog expects to consult on the move by the end of March 2022
The hearing is expected to take place in summer next year
PLSA plots the level of Christmas comfort people can expect at different income levels
Deal subject to regulatory approval and expected to complete early next year
Discussions ongoing with Premier MIlton and AssetCo over potential acquisition
Deal with pub and restaurant operator is the 20th to be announced by the insurer this year