Sponsors and trustees are working together more closely during the valuation process but larger schemes are less satisfied with negotiations, according to research by Punter Southall.
A flat-rate of tax relief is the most likely reform to appear in the Chancellor's March Budget according to Aon Hewitt‘s predictions.
Amey OS has chosen SEI to provide fiduciary management services to its £135m defined benefit (DB) pension scheme.
Insurers should consider eyeing up smaller de-risking transactions rather than focusing on the mega deals that can end up falling away, according to Aon Hewitt.
Marks and Spencer has reached an agreement with the trustees of its defined benefit (DB) pension scheme to increase annual cash contributions for future service by £15m.
Trustees have yet to prioritise cash management despite the fact that half of FTSE350 defined benefit (DB) schemes are turning cash flow negative, according to Hymans Robertson.
Just one third of 18-24 year-olds are in a workplace pension, suggesting much more action is needed according to the Chartered Institute of Personnel and Development (CIPD).
The bulk annuity market will grow significantly over the next five years in spite of higher costs due to low interest rates and Solvency II capital requirements, according to Fitch Ratings.
Total deficits of defined benefit (DB) schemes in the Pension Protection Fund (PPF) 7800 increased by more than a third over last month against a backdrop of falling gilt yields.
Transfer values have recovered from a sharp fall at the end of last year on the back of falling gilt yields, according to Xafinity.