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 ...

Investors could lose out when they do a pension transfer, as the process is fraught with risk and requires advice, says David ...

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.

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Marguerita is a Certified Financial Planner (CFP), Chartered Retirement Planning Counselor ...

A pension risk transfer (PRT) occurs when a company ends its pension program. Usually in the process it tries to stop paying its existing benefits under pension programs for past and present employees ...

UK’s online pension provider PensionBee recently shared comments following the appointment of Torsten Bell MP as Pensions Minister. Lisa Picardo, Chief Business Officer UK of PensionBee, commented: ...

Over the past 12 months through June, $57.4 billion in liabilities were involved in pension risk transfer deals. Pension buyout transactions reached $25.3 billion, or 44.1% of the total, followed by ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. ViaNova is an industry working group that sets consistent open standards ...

NEW YORK & FLORHAM PARK, N.J.--(BUSINESS WIRE)-- The Bank of New York Mellon Corporation (“BNY”) (NYSE: BK), a global financial services company, and Conduent Incorporated (Nasdaq: CNDT), a global ...

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 ...