The new pension transfer rules coming into force on November 30 will bring added duties for pension scheme trustees, and will not be a panacea to prevent scams, specialists warn. According to the ...
Offloading retiree pension risk to an insurance company became less expensive for plan sponsors in April, according to consulting and actuary firm Milliman, which tracks the cost of de-risking pension ...
A client of WTW Lifesight has waited almost seven months for his pension transfer, with further mistakes causing issues with ...
People’s Partnership CEO Patrick Heath-Lay addresses the substantial problems that the industry faces regarding pension transfers. It’s been a year since we launched our campaign to address the ...
Seyfarth Synopsis: The first two district court opinions deciding whether plaintiffs have Article III standing to challenge pension risk transfers have reached opposite conclusions. One case will ...
(Bloomberg) -- For the millions of expats who leave pension pots behind as they job-hop through the world’s financial hubs, retrieving that money has become a costly experience fraught with peril.
Defined benefit (DB) pension transfer compensation continues to be nil in the majority of cases, with 2025 marking a year of “radical decline” in potential redress, Broadstone’s DB redress tracker has ...
The global pension risk transfer market continues to hit new highs, and is expected to keep going as corporations look to offload risk. It's an increasingly competitive market, with just nine insurers ...
Over the last several years, numerous large pension plan sponsors have transferred billions of dollars in financial risk related to their pension plan benefit obligations to insurance companies ...
City regulators are proposing new rules on pension transfers amid growing concern that savers are losing out. The Financial Conduct Authority (FCA) wants to impose new requirements on pension ...
While pension risk transfer (PRT) deals continue to break records, federal regulators are nearing a deadline for review and recommendations of Interpretative Bulletin 95-1. Issued by the Department of ...
BCG Pension Risk Consultants | BCG Penbridge (“BCG”) today released a special report tracing the U.S. pension risk transfer (PRT) market’s 50-year evolution from its origins to the present day. The ...