More than a third (36%) of employers have seen staff enquiring about transferring from a defined benefit (DB) to a defined contribution (DC) pension scheme since April, research finds.
The funding level of defined benefit (DB) schemes in the Pensions Protection Fund's (PPF) 7800 index has improved on the back of rising gilt yields.
Rosemary Hilary and Kate Jones have been appointed as non-executive directors by the Pension Protection Fund (PPF).
The Alcatel-Lucent Pension Scheme has completed a £300m pensioner buy-in with Aviva.
UK defined benefit schemes ended 2015 with an aggregate deficit of £228bn after another difficult year, according to research from JLT Employee Benefits.
Legal and General (L&G) has completed its first medically underwritten bulk annuity deal with a £230m transaction with an unnamed scheme
Lincoln Pensions has appointed BDO's Richard Farr as a managing director.
The Institute of Chartered Accountants Staff Pensions Fund has insured £30m of liabilities through its second medically underwritten buy-in in under two years.
Pension professionals believe the industry spends too much time dealing with problems that affect a small number of high earners, according to PP research.
Martin Boniface has been made executive director at JLT Employee Benefits and will be responsible for running the trustee and corporate consulting arm of the business.