Press Releases

Building on last month’s White Paper from the DWP, TPR have set out their stall on what they expect from UK pension schemes and business practice.

Ryan Markham, Head of Member Options comments on on the FCA’s latest consultation, including a ban on contingency pricing.

Hymans Robertson, has appointed Alistair Russell-Smith, Partner as Head of its Corporate Defined Benefit (DB) practice.

Hymans Robertson's response to DWP's white paper on the security and sustainability of Defined Benefit pension schemes in the UK.

Hymans Robertson and Vanguard have published the joint white paper ‘Navigating DC fund Structures’ which shows that UK pension funds could find themselves 5% worse off over a thirty year period if they fail to consider a tax optimised wrapper.

2017 saw defined benefit pension schemes in the UK complete £12.4 billion of bulk annuities (buy-ins and buy-outs) with seven insurance companies.  The bulk annuity market showed signs of further maturity as the volume of transactions less than £500 million hit £8.6 billion, over 50% higher than any previous year.

We provide an overview of this month's key issues, events and regulatory updates in the LGPS.  

Nearly half, (42%), of life insurers believe technology could deliver the most value in engaging customers, out of all the touchpoints along the customer journey, according to a poll of over 130 life insurance professionals.

Trustees and employers of all DB schemes must learn from the Work and Pensions Committee’s criticism in its British Steel Pension Scheme report and do more to guide scheme members facing transfer choices or the industry could face a mis-selling scandal, warns Hymans Robertson.

Risk-transfer expert, Michael Abramson has joined Hymans Robertson as a Partner and Risk Transfer Specialist.  

The number of DB schemes in the UK will shrink to about 1000 – less than a fifth of current levels - over the next 25 years as DB consolidation, in a whole range of forms, takes off.  

The Pensions Administration Standards Association (PASA), the independent body dedicated to driving up standards in pensions administration, today announced that Hymans Robertson has successfully completed the PASA reaccreditation process.