The Toshiba Pension and Assurance Scheme has completed a £170m deferred member buyout. Stephanie Baxter looks at the details of the deal.
Post Office has agreed a £450m bulk annuity for its section of the Royal Mail Pension Plan, insuring all 5,700 members with Rothesay Life.
The Sea Containers 1983 Pension Scheme has been fully insured in a bulk annuity deal completed by Aviva, almost a decade after receiving the regulator's first financial support direction (FSD).
All past and current members of three Pirelli defined benefit (DB) schemes have had their benefits insured through buy-ins worth £100m with Pension Insurance Corporation (PIC).
Plans to raise the state pension age (SPA) to 68 seven years ahead of schedule by 2039 has been welcomed by the industry as a necessary move to reflect rising life expectancy and keep costs affordable.
Michael Klimes asks if guidance which recommends scheme deeds and rules be consolidated into one document at least every five years, should be a regulatory requirement.
Earlier this year the Pensions Ombudsman said it would participate in appeals against its decisions where there was public need. As the first case where the PO has participated has been decided, Helen Morrissey asks what can be expected
PP looks at the importance of independent advice when doing a buy-in or buyout.