Month: April 2019

In the news this week, TPR has won two First-Tier Tribunal appeals over chair’s statement fines, union members at Aberdeen Airport vote for strike action on pension closure, the BMA issues a stark warning to the Chancellor, and Prudential Retirement has reinsured about $2.6 billion of UK longevity risk since the start of 2019.

In the news this week, the DWP issues guidance about GMP conversion legislation, the FCA releases its annual business plan and Scottish Widows has completed another buy-in.

We provide additional resource or dedicated project management for specialist or one-off projects

We have a wide range of technology solutions that can be tailored to your specific needs

Our DC governance solutions are suitable for large and smaller arrangements, with the latter under increasing scrutiny from TPR

Our award-winning governance offering can help you make small adjustments to your DB governance or provide a root and branch review

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In the news this week, British Airways and its trustee agree a settlement, the Pensions Ombudsman has ordered trustees to repay £2.4 million, the PPF publishes its three-year plan, and Scottish Widows completes two buy-ins.

In a busy week’s news, the pensions dashboard gets the go-ahead, MPs call for changes to the dividend regime, HMRC forms a GMP equalisation working group, and a £1.2 billion buy-in is announced.

Demand for UK buy-ins and buy-outs has been growing very fast. In this Arena article, we consider why bulk annuities have been so affordable and we look at how to get your scheme into the best possible shape to approach the insurance market.