A study has found 55% of defined benefit (DB) members who spoke to a financial adviser chose to transfer out to access the pension flexibilities in 2016-17, compared to just 36% the previous year.
Higher health and social care spending between 2000 and 2010 may have caused a blip in longevity estimates by accelerating improvements, according to Barnett Waddingham.
This week's top stories include coverage of a proposal to merge Royal Mail defined benefit and defined contribution members into a risk-sharing scheme.
Willis Towers Watson's master trust, LifeSight, has been added to The Pensions Regulator's (TPR) master trust assurance list.
Willis Towers Watson has introduced a secure income fund that provides a cash flow generating alternative to traditional credit and gilts.
A supermajority of pensions buzz respondents rebuked a suggestion that all defined benefit (DB) schemes should be merged into one.
Legal and General (L&G) has hired Kingfisher Group's head of pensions Dermot Courtier as chairman of its master trust and independent governance committee (IGC).
The top three consultants have put together a package of measures designed to increase transparency and competitiveness in the consultancy and fiduciary management markets. Helen Morrissey gets the industry response
Master trusts are increasingly becoming the defined contribution (DC) vehicle of choice for FTSE 350 companies as they ditch trust-based schemes.
Aon Hewitt, Mercer and Willis Towers Watson have joined forces in calling for measures to tackle transparency and competition issues raised by the Financial Conduct Authority (FCA).