Pensions Age

Higher interest rates boost pension funding and annuity prospects; inflation risks remain

The Bank of England's decision to raise interest rates to 4 per cent could provide a boost to defined benefit (DB) pension ...
Pensions Age

Employers warn pensions industry not adapting quickly enough to younger workers' needs

More than a third (36 per cent) of small and medium-sized enterprise (SME) employers said the pensions industry has not adapted quickly enough to changing workforce expectations, according to research ...
Pensions Age

Chesnara agrees to acquire closed life company from MetLife Group

Chesnara has agreed a deal to acquire MetLife UK (MLUK), the insurer's closed-book UK life insurance company. The European life and pensions consolidator will acquire 100 per cent of the company's ...
Pensions Age

Trustees urged to prioritise covenant assessment in superfund transfers

Pension scheme trustees considering a superfund transfer should prioritise covenant analysis from the outset and engage with The Pensions Regulator (TPR) early to ensure the transaction delivers the ...