The pension industry is seeing significant divides regarding who should benefit from DB pension scheme surpluses, according to LCP webinar on DB funding reform. The LCP webinar, hosted by LCP partner and...
The Pensions Regulator and Department for Work and Pensions need to “resolve inconsistencies” between the new DB code and the regulation underpinning it to avoid “negative consequences” for schemes and their members....
The pension industry is broadly supportive of government proposals to improve pension trustee skills. In response to the Department of Work and Pension’s consultation on this issue, which closed today, a number...
Pension companies are calling for a cross-party ‘grand implementation plan' to ensure wide-reaching reforms, currently being proposed, are introduced in managed stages over the next decade. A host of DWP consultations close...
The government should change the regulations around DB surpluses, to help boost investment into DC pensions and encouraging greater investment into the UK economy, according to a new report. Analysis by XPS...
LCP is arguing in favour of a new "opt-in" regime that would fully protect member benefits through the PPF in its response to the DWP's consultation on options for DB schemes, According...
The number of pension transfers has fallen to the lowest level in five years, according to XPS Pensions Group’s latest data. The number of transfers has been on a downward trajectory for...
Savers who were wrongly advised to transfer out of DB schemes will now receive significantly less compensation as a result of spiralling annuity rates. In some cases people who would have received a...
The pensions industry continues to scratch its head at the issue of retirement and how to assist scheme members when they move to the income stage of their financial lives. A recent...
Rising funding levels are making Defined Benefit (DB) pension trustees think about their illiquid assets with 40 per cent saying that reducing their scheme's allocation to illiquid assets is now a top...
