Law Debenture has posted 21.3% increase in revenue for its pensions business – seeing turnover grow from £14.3m in the year to 31 December 2022 to £17.4m last year.
The Clara Pension Trust has now completed its first superfund transaction with the Sears Retail Pension Scheme, meaning the benefits of its 9,600 members have now been transferred.
There are systemic risks associated with inflation hedging and insurance buyouts despite a growing pension scheme focus on resilience, the Society of Pension Professionals (SPP) says.