The industry has welcomed the speed at which the government’s pensions review is being implemented, saying its two-stage approach should lead to faster industry reforms. The pensions minister Emma Reynolds is expected...
Higher bond yields have pushed down the compensation payments due to those wrongly advised to switch out of DB pensions to record lows. Broadstone’s defined benefit (DB) redress tracker shows that the...
Standard Life has appointed Jack Hill as director of defined benefit solutions, while Alex Oakley, Emma Haylock, and Joe Haswell have been appointed as bulk purchase annuity (BPA) transaction managers. Hill will...
Smaller defined benefit schemes have been the driving force behind the surge in buy-in and buyout activity last year, according to new analysis by consultants LCP. It says that transactions under £10m...
XPS has handed the role of head of covenant advisory to Arabella Slinger, taking over from Paul Jameson, who will move to a role delivering specialist covenant advice. Jameson had led the...
The vast majority of DB trustee boards are already operating with robust governance frameworks that meet the new General Code, according to new research. WTW latest trustee governance survey examined the impact...
TPT Investment Management has launched two new alternative investment funds in conjunction with Carne Global Fund Managers. The funds are aimed at DB schemes who may not be able to access these...
XPS Pensions Group has seen a year of record growth across its business, with pre-tax profits up by 227 per cent year on year. Publishing its annuals results it said a significant...
Professional trustee firms have continued to grow in size, with the total number of trustees they employ increasing by 15 per cent over the last 12 months . In WTW’s annual survey...
K3 Advisory has launched a new buy-in to buyout service specifically aimed at smaller and medium-sized schemes. This service, which was previously only available to existing K3 clients, will assist trustees and...
