Pension schemes could see liabilities surge by £62bn if interest rate rises are delayed, warns JLT Employee Benefits.
Deficits in defined benefit (DB) schemes have deteriorated over the last 12 months due to low gilt yields and market volatility over the summer, according to JLT Employee Benefits.
Hugh Nolan takes a look at some of the factors that affect retirement decision making.
The Trigon Snacks Pension Scheme, a hybrid arrangement which had been in Pension Protection Fund (PPF) assessment, has completed a buyout with Legal and General (L&G).
JLT Employee Benefits has agreed to aquire the corporate business of Close Brothers Asset Management (CBAM) for an undisclosed sum.
Almost two thirds of companies have not changed their defined contribution (DC) default investment strategies to take account of the pension flexibilities, according to two surveys.
The accounting deficits of the UK's biggest pension schemes rose by 17% last month, according to research from Mercer.
Andrew Drake, Nick Patel and Ashley Finn have been appointed by JLT Employee Benefits to develop the firm's flexible benefits proposition.
Total deficits in FTSE 250 defined benefit (DB) pension schemes hit £12bn last year after rising more than 70% in 12 months, according to JLT Employee Benefits.
AE has been a success but five million will miss out