The British American Tobacco (BAT) UK Pension Fund has completed a £3.4bn buy-in with Pension Insurance Corporation (PIC), the largest buy-in transaction including pensioner and deferred members.
The Pensions Regulator (TPR) is inviting responses from pension trustees and advisers in a consultation on four draft guides to support tougher investment governance rules.
PensionBee has surpassed half a billions pounds in total assets under administration since the firm was founded in 2014.
Local government funds should ditch prescribed governance models and move instead towards an outcomes-based approach with minimum standards, a report has proposed.
Lloyds Banking Group has secured one million new pension customers since the start of 2018, according to its half year results to 30 June.
The changes likely to be required in public sector pension schemes following the McCloud judgement could have significant financial consequences for public sector outsourcing contractors, Aon says.
The industry has broadly praised the Financial Conduct Authority's (FCA) proposal to ban contingent charging on defined benefit (DB) transfer advice as a move towards improving retirement outcomes.
Moody's has announced it has acquired RiskFirst the firm behind the PFaroe analytics platform.
Defined contribution (DC) drawdown providers will have to offer non-advised consumers investment pathways from August 2020, the Financial Conduct Authority (FCA) says.
The Financial Conduct Authority (FCA) is consulting on plans to ban contingent charging on defined benefit (DB) transfer advice for the second time in less than a year.