UK defined benefit pension schemes are forecasted to pay out almost one-third of a trillion pounds between 2019 and 2021, according to new research by Mercer.
Its risk transfer outlook for 2019, found that the amount will be reached from a combination of payments of premiums for annuity buy-ins/buyouts, individual member transfers, pensions and retirement lump sums
Six of the UK’s largest contracting firms, some with leading government contracts, have a combined pensions deficit of £730.2m, according to their financial reports
Following months of speculation, the Financial Ombudsman Service (FOS) has issued landmark decisions against Liberty Sipp, the self-invested personal pension (SIPP) provider that has recently come under fire
Trustees must hold investment consultants to account over environmental, social and governance (ESG) issues, the Association of Member Nominated Trustees (AMNT) has said