News

Prudential Retirement reinsured $1.7bn (£1.4bn) of UK pension scheme longevity risk in the first half of the year, it has revealed.

Over 500 people are now registered to attend Professional Pensions Live - the industry’s largest virtual conference & exhibition.

Pensions Ombudsman Anthony Arter has raised concerns about the increase in pension scam activity during the coronavirus pandemic in a virtual meeting with the Work and Pensions Committee (WPC).

Government plans to create jobs for 16-to-24-year-olds will see the state paying employer pension contributions, it is expected.

The Pensions and Lifetime Savings Association (PLSA) says it isn’t planning to return to live events ‘as we knew them’ until at least 2022.

Superfunds could be on course to complete multi-billion-pound transfers of defined benefit (DB) funds by the end of this year, Isio says.

Outcomes have improved for scheme members choosing to transfer, according to research by XPS Pensions.

There were 7% less deaths registered in week 26 of 2020 than if death rates had been the same as week 26 in 2019, according to the Continuous Mortality Investigation (CMI).

Global exchange-traded products (ETPs) have recorded their strongest month for inflows in 2020 as $71.5bn was added to the market, with fixed income buoying the industry providing $46.7bn of the total, according to iShares.

A lack of steadfast regulation around unbundled defined contribution (DC) schemes makes them a ticking time bomb for firms and members, says Salvus Master Trust.