The longevity risk transfer market continues to grow exponentially with UK longevity and risk deals set to exceed £10bn by the end of the year, Hewitt Associates says.

UK - More than a third of FTSE100 firms cannot plug their pension scheme deficits using current discretionary cash flow, KPMG warns.

More than a third of FTSE100 firms cannot plug their pension scheme deficits using current discretionary cash flow, KPMG warns.

F&C Asset Management is due to complete its acquisition of Thames River Capital on, or before, 1 September, following consent from the Financial Services Authority.

UK - F&C Asset Management is due to complete its acquisition of Thames River Capital by 1 September following consent from the Financial Services Authority.

Government plans to ban transfers from contracted out DB schemes to either occupational DC schemes or personal pensions have thrown up a whole a host of implications for the industry, causing something of a furore.

Proposals by the government to abolish contracting out in final salary schemes could hit millions of members, who will have to pay more in National Insurance, industry experts say.

The Department for Work and Pensions' proposal to abolish transfers of contracted out rights from DB schemes could see the end of the enhanced transfer value market, industry experts say.

UK - The Department for Work and Pensions' proposal to abolish transfers of contracted out rights from DB schemes could see the end of the enhanced transfer value market, industry experts say.

UK - The number of FTSE 250 companies providing final salary benefits to a large number of employees has fallen to just 15, Pension Capital Strategies says.