Minister says transaction complied with rules in a way not anticipated when they were set
Recognising excellence among schemes, consultants, asset managers and providers
Sector welcomes the additional clarity but warns ‘the devil will be in the detail’
Industry welcomes key changes to traffic-light transfer conditions
LCP says record insurer capacity has exceeded short-term demand
The body said regulations would apply from the 2027/28 tax year
Pension experts say the sector must help savers understand their own targets and how to reach them
Transaction secures the benefits of all 2,361 scheme members
FOI request shows nearly three million will cut back on contributions once salary sacrifice changes come into force
LCP said it expects any new providers will look at run-on models and value-sharing mechanisms