Firm warns against raising State Pension age to 75

Royal London has warned against a “drastic” proposal to raise the State Pension age to 75.

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46% of FTSE 350 DB pensions now in a surplus

FTSE 350 DB pension scheme deficits have fallen by nearly a third and a growing number of firms approach the financial position required to buyout their liabilities, according to new research from Barnett Waddingham.

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Medicash transfers DB scheme to TPT’s DB Master Trust

Healthcare cash plan provider Medicash has transferred its £20m DB scheme, which has around 170 members, to TPT Retirement Solutions DB Master Trust.

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Pension transfer values and volumes increase during July

Transfer values rose during July 2019, while the number of DB transfers also increased, according to XPS Transfer Watch, which monitors how market developments have affected transfer values for an example member, as well as how many members are choosing to take a transfer value.

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