SPP calls on regulator to simplify new funding code
The Society of Pension Professionals (SPP) has called on The Pensions Regulator to simplify its draft funding code, saying the new rules are ‘over the top’, will put undue burdens on schemes...
The Society of Pension Professionals (SPP) has called on The Pensions Regulator to simplify its draft funding code, saying the new rules are ‘over the top’, will put undue burdens on schemes...
SPONSORED CONTENT A DB master trust provides a new option for employers and scheme trustees looking to manage legacy pension liabilities while protecting benefits for members. How does a DB master trust...
Schemes are in danger of slipping into a de facto buy-out due to a lack of an endgame strategy, according to Hymans Robertson. The majority of people, around 87.8 per cent, surveyed...
Standard Life has promoted Jeetesh Patel to be its new head of reinsurance and structuring within its retirement solutions business. This appointed follows follows the recent promotion of Kunal Sood to managing...
The new defined benefit funding code could land employers with a bill of £34bn, according to the regulator's own estimates. Pension consultants LCP points out that these “official figures” are contained in...
This year could be the biggest year on record for defined benefit (DB) pensions derisking, with at least £40bn in bulk annuity transactions and £20bn in longevity hedges expected to be completed,...
Member outcomes, master trust consolidation and sustainable investment strategies will continue to be a key focus for the DC sector in the year ahead according to Hymans Robertson. The pension consultancy firm...
In November last year, amid great uncertainty regarding the pandemic, in the pensions industry a small but significant announcement was made by the Pensions Regulator (TPR). Clara Pensions, the UK’s first commercial consolidator...
There has been a significant fall in DB transfer activity, with the number of people seeking transfer quotations falling to a seven-year low. Analysis by pension consultants LCP shows transfer quotations are...
Almost nine out of 10 companies with DB pensions have now reviewed their benefit offering, with a significant number opting to restrict access to these schemes — according to Aon’s latest survey....