
BTPS completes £10bn longevity reinsurance
These transactions aim to shield the scheme from costs associated with unexpected increases in member life expectancy.

These transactions aim to shield the scheme from costs associated with unexpected increases in member life expectancy.

This is an increase of one third from the previous record of 226 buy-ins completed in 2023.

Research revealed that 61% of employees were unsure how to make such a switch, indicating a need for more education on pension choices.
Ten years after the introduction of Pension Freedoms on April 6, 2015, research from Standard Life revealed that the vast majority of those who have accessed their savings view the reforms positively.

Hymans Robertson found that younger DC scheme members who are around 30 years from retirement have benefited from their higher exposure to equity markets.
At a hearing today at Southwark Crown Court, the proceedings brought by The Pensions Regulator (TPR) ceased after it was confirmed the defendant had recently passed away.
This deal secures the benefits of around 1,500 pensioner and dependant members and 850 deferred members.
Steven Cameron warned that rising financial pressures on Government departments could lead to closer scrutiny of both the state pension age and the triple lock mechanism.
The firm said employers should seriously consider implementing this change which benefits both employers and staff.
Of these, 37% would choose UK investments provided returns are comparable, while 16% would still favour them even with lower returns.

Teachers earning below £34,873 will continue to pay a contribution rate of 7.4%.

Research from Phoenix Insights found around one in three 65 year olds are classified as retired, thirty years ago this was closer to three in four (73%).
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