The Pension Protection Fund could be forced to increase payments made to higher earners following a ruling by the Court of Appeal last week. A ruling given on 28 July states the current compensation paid by the PPF – which caps the maximum pension paid to some scheme members, and limits annual inflation increases – […]
The Pension Protection Fund has a surplus of £4.1bn, a funding ratio of 116.3 per cent, its annual report shows. The defined benefit lifeboat fund, which is funded by a levy on schemes, had to take on the pension assets and liabilities of failed retailer BHS, which collapsed in the spring. BHS as the largest […]
Aegon customers will be directed to Legal & General for annuity purchases under the terms of a new deal signed by the insurers. Aegon has not been active in the annuity market since 2010 and sold the bulk of its book to specialist provider Rothesay Life earlier this year. L&G will provide annuity quotes for […]
I know I am not alone in the frustration of receiving numerous event-driven emails from product providers, such as those following a Budget, a General Election and now part one of the UK’s change of stance on the European Union. In a way, such is it now the precedent, to not get emails from them […]
The continuing fall-out from the Competition and Markets Authority’s (CMA’s) review, the rise of the private GP and digital engagement will be the primary focuses in the private healthcare industry during 2015, according to Iain Laws, managing director, healthcare and group risk, at Jelf Employee Benefits.
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