Just a third of professional trustees feel well-equipped to deal with increased expectations
Pension age policies need to be updated to ensure a constant balance and fairness
‘Valuable’ data exists but this will need to be captured as the pandemic eases off
Continuing demand for longevity risk insurance products perseveres throughout volatility
Issue looms like a ‘menacing shadow’ but fix could be ‘virtuous circle’ for schemes
Quieter H1 market due to busy second half last year and well-prepared schemes could benefit
But operating profit and bulk annuity sales drop from the same period of 2020
Dearth of deals in bulk annuity market allow scheme to accelerate its timeline
Small scheme deal is the first announced 2021 transaction for the insurer
H Samuel and Ernest Jones owner plans to convert the policy to a buyout