DB consolidator says ‘major milestone’ will allow schemes a share of strategy control

Government wants to better enable access to productive finance and illiquid assets

Approval comes nearly 18 months after interim regime was launched

Commitments total around £1bn higher than originally anticipated

But FTSE 350 schemes are on average just over a decade from a full insurance solution

Many members taking transfers cite the lack of flexibilities within their existing scheme

A quarter would like to utilise a multi-employer collective framework

Gunnercooke issues summons against former chairman over alleged ‘maladministration’

Savings and retirement business continues to grow with new scheme wins

Climate risk continues to grow in client demand, but governance retains top focus