News

‘Disappointment’ at TPR’s DB funding code response

DB transfer values fall to new low

The transfer value a typical DB pension fell below £150,000 in October — the first time since last year’s mini budget that transfer values have dropped so low. On 19 October, XPS’s...

Link Group completes acquisition of HS Pensions

Smart Pension wins mandate for ISS UK scheme

Smart Pension has been appointed to provide workplace pensions for the facility management company ISS UK. This will see £200m of AUM moved to Smart Master Trust, which will now run the...

Aon buys Willis Towers Watson to create $80bn mega consultancy

Exclusive: Foster Denovo buys Punter Southall Aspire

Foster Denovo is buying Punter Southall Aspire’s employee benefits business. and will integrate it into its Secondsight division. The transaction will mean the team doubles in size and increases its national coverage to...

Over 70 sponsors prioritise a smooth audit: LCP

Achieving a smooth audit remains the top year-end accounting goal for over 70 sponsors, with 65 per cent prioritising this objective, according to an LCP webinar poll. Regarding reporting the surplus, 38...

Mercer re-hires Melley to run investment solutions business

Co-operative Pension Scheme completes £4bn buy-in

The Co-operative Pension Scheme has completed a £4bn buy-in with Rothesay securing benefits for nearly 50,000 members, covering defined benefit liabilities for 17,655 pensioners and dependants, along with 31,896 deferred members. Employer...

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