The government has issued the new Finance Bill which contains provisions to formally abolish the lifetime allowance (LTA) on pensions. The abolition of this LTA was initially included in last year’s Spring...
The transfer value a typical DB pension fell below £150,000 in October — the first time since last year’s mini budget that transfer values have dropped so low. On 19 October, XPS’s...
Aon has promoted Matthew Pinkney to lead its UK pensions data solutions team. Pinkney is an associate partner in Aon’s UK Retirement team, with 18 years’ experience at the company as a...
Legal & General has agreed a £4.8bn full buy-in for the Boots Pension Scheme in what is the UK’s biggest ever single transaction by premium size. The deal secures the benefits of...
EQ Retirement Solutions is the latest company to sign up to Origo’s automated pension transfer service. It will be used as part of EQ Retirement business process outsources services for life and...
TPT Retirement Solutions has strengthened its investment team with the appointment of Inês Cunha Pereira as its new responsible investment manager, and the promotion of Peter Smith to be head of investment....
There is not expected to be any immediate slowdown in the DB buyout market according to Aon— despite the dynamics driving these transactions changing over the past 18 months. Aon predicts that...
Enplan, the governance and operations service for smaller defined benefit (DB) pension schemes, is introducing access to Schroders Capital's liability driven investment (LDI) modelling. Enplan, which is operated by Entrust and Isio,...
The absence of any mention of a Pensions Bill in the final King's Speech of this parliament has been met with disappointment across the industry, with attention now turning to the chancellor's...
Clara-Pensions has taken on its first scheme, with the transfer of the £600m Sears Retail Pension Scheme. This is the first time a DB scheme has transferred into a so-called superfund. Clara-Pensions...
