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 ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Aon has overseen the wind-up of the AGB Pension Scheme, the last of the so-called “Maxwell pension schemes” supported by Aon Trustees Limited, with the aid of a £483,294 write-off by the government.

(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.

Pension risk transfer markets in the U.S. and U.K. are on track to reach record levels in 2023 as funding ratios improve, according to Legal & General Group's latest Global PRT Monitor. In the U.K., ...

Sponsors of defined-benefit pension plans contemplating taking steps to de-risk their plans should consider recent guidance from the U.S. Department of Labor’s (DOL) Employee Benefits Security ...

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 ...

Some UK pension providers and administrators are taking eighteen times longer to transfer retirement savings than their counterparts, leaving savers waiting months for their money to be moved. The ...

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 ...

In the UK, your pension is very likely to be one of the two highest value assets that you have ownership of over your lifetime, second only to property in some instances.