Leading consultants remain sceptical about whether decumulation-only CDC or transferring DC pots into defined benefit arrangements will be effective solutions to the current decumulation challenge. At a panel event at the Corporate...
Hymans Robertson has expanded its buy-out and wind-up transition services team with two senior appointments. Donna Prince joins from Aon where she was an associate partner and a senior member of the...
Royal London is the latest insurer to enter the bulk purchase annuity (BPA) market, and will be the only mutual operating in this sector. The company will focus on working with trustees...
For the first time more than half of UK pension schemes are under professional or sole trustee arrangements, according to new research. LCP’s fourth annual Professional Trustee survey shows that professional trustees...
The costs of running a DB scheme have increased by an average of 37 per cent in the past year, with a third of trustees reporting increases of more than 50 per...
The Pensions Regulator has finalised guidance on how trustees can meet their obligations under the new funding code, which effectively comes into force today. The regulator has responded to criticism from the...
A product that offers a guaranteed 10 to 15 per cent more than annuities plus the potential for investment bonuses is being launched to target the workplace DC market and through advisers....
The Pension Protection Fund (PPF) has proposed a £100m levy estimate for 2025/26, matching 2024/25, the lowest levy ever set, as it begins a six-week consultation on its future. The consultation seeks...
The UK market is expected to top £40bn this year, with £20bn already signed and another £20bn in the pipeline. The pension risk transfer market as a whole is experiencing a record-setting...
Hymans Robertson has promoted Sachin Patel to be its new head of corporate DB endgame strategy. The consultancy firm says this role recognises the increasing pressure DB schemes face when planning the...
