With £160 billion of surplus assets held across defined benefit pension (DB) schemes1, many schemes are sitting on a significant, yet underutilised, resource. Mercer’s Surplus Transfer Solution, via the Defined Contribution (DC)...
Trustees and pension managers are being warned about the potential risks of using AI to simplify scheme administration. The Pensions Administration Standards Association (PASA) has issued new guidance, which offers practical support on...
Annuity rates have risen by almost 10 per cent over the past year, giving a payback period of just 13 years, according to the latest data. Standard Life’s annuity rates tracker shows...
First Actuarial has appointed Claire Fuller and Robert Hurst to be co-heads of administration as it seeks to digitise this function. The company says this joint appointment signals that First Actuarial is...
The Department of Work & Pensions has published its consultation document on retirement-only CDC, setting out how these proposed new pension arrangements might work in practice. It is seeking views from trustees,...
Legal & General, Royal London and WTW/LifeSight are understood to be the three firms in the running to buy NatWest Cushon, according to sources close to Corporate Adviser.. According to media reports,...
The Government has finalised regulations for multi-employer collective defined contribution schemes (CDC) and will consult on retirement-only CDC. This new regulations will be laid before Parliament tomorrow, with the consultation being launched...
Jill Henderson, head of strategic workplace relationships, Scottish Widows With over 1,400 delegates from across the pensions industry, a diverse line-up of expert speakers, and appearances from current and former Government ministers,...
The world largest private asset manager Blackstone, is launching a new business unit focused on the DC pension sector. This new DC department will sit within its private wealth division and focus...
DB sponsors and trustees see the uncertainty of investment returns, regulatory changes and data issues as their biggest challenges going forward. These findings were in Aon’s latest Global Pension Risk survey, which...
