The Pensions Ombudsman (TPO) has issued a determination rejecting a member's complaint that the trustee of the British Steel Pension Scheme (BSPS) had failed to conduct sufficient due diligence before ...
A law firm is investigating whether legal action can be taken in relation to the transfer value delays with the Teachers’ Pension Scheme. Hundreds of teachers are in limbo with their divorces due to ...
A lawsuit against Alcoa USA Corporation may not dominate front-page news—but for nearly 28,000 retirees, it strikes at the heart of something sacred: financial peace in retirement. Legal firm ...
The U.S. pension risk transfer market experienced a strong third quarter, with more than $14 billion in estimated volume, according to Legal & General Retirement America. LGRA’s latest Pension Risk ...
MetLife’s 2025 Pension Risk Transfer Poll reveals 94% of plan sponsors with de-risking goals plan to fully divest pension liabilities – most within five years NEW YORK, October 07, 2025--(BUSINESS ...
Members of defined benefit pension schemes should have the legal right to partially transfer their pension rights, a new report has said. It also recommended enhanced disclosure and broader ...
The pension risk transfer market continues to show growth, as total U.S. single-premium PRT sales hit $51.8 billion in 2024. That level marks a 14% increase from the prior year’s results and is less ...
On the go: Pension risk transfer volumes in the UK are expected to conclude the year at their second-highest level, according to Legal & General. The forecast follows a bumper first half of 2022 for ...
Welcome to our monthly update on current legal issues for trustees of DB and hybrid pension schemes, designed to help you stay up to date with key developments between trustee meetings and to support ...
SCA U.K. Pension Plan, Winchester, England, has completed a £1.1 billion ($1.4 billion) buy-in with Legal & General, securing the benefits of of 5,900 participants and 3,600 deferred members, ...
LONDON, Nov 24 (Reuters) - Two British insurers on Friday struck deals to take on a combined 8.8 billion pounds ($11 billion) of company pension liabilities, including the largest such UK deal so far, ...
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