Loans taken from workplace scheme and transferred to scheme sponsor
The double digit figure is above analyst expectations of 9.8%
Government says it cannot spend ‘significant sums’ to encourage ‘economic inactivity’
Aon says focussing solely on large transactions causes a ‘lumpier’ flow of business
A large majority of the industry say their schemes have not secured better contracts
An upheld TPO complaint about data and the AMNT’s warning on sole trustee reliance
Contributions from Aon, LCP, Hymans Robertson, Pinsent Masons, 2020 Trustees
Deal covers around 110 members of the Boots Supplementary Pension Plan
Wealth firm’s interim results include all anticipated associated additional costs
Annuities and equity release profit for H1 has increased to £346m