DB

Further delays appear to have hit the pensions dashboard, with the group tasked with implementing this initiative confirming it will not be fully operational until 2023. This is the date by which...

The UK pension industry is divided and cautious about the potential benefits of the regulator’s proposed new DB funding code of practice.  At a recent Pension and Lifetime Saving Association session delegates...

New rules designed to protect company pension schemes could cost UK employers an extra £40bn over the next decade, according to new figures from LCP.  The consultancy firm has conducted an impact...

Millions of individuals around the country already face a daunting task saving enough for retirement. But the challenges of saving adequately for old age are set to get much tougher due to...

The £46bn Northern Local Government Pension Scheme (NLGPS) has become the latest major pension scheme to sign up to the Make My Money Matter (MMMM) pledge as part of its commitment to...

The Pensions Regulator has published new guidance for DB schemes considering consolidation into a new superfund. The guidance —  aimed at trustees and sponsoring companies — stresses that they need to be...

Covid-19 is exacerbating retirement insecurity across the globe and and is causing sustainability problems for the UK’s pension scheme. This was the conclusion from the Mercer CFA Institute Global Pension Index which compares...

Just one in six pension schemes report that the Covid crisis has weakened the sponsoring employers ability to standing behind the scheme long term. This was the result of the latest Willis...

The Corporate Insolvency and Governance Act 2020 is designed to provide businesses in financial difficulties with flexibility and breathing space to continue trading and/or to explore a potential rescue or restructuring. Both...

Advice, modelling tools and effective communications as well as simplification of pension tax rules will be needed to help millions of public sector workers understand what the McCloud age discrimination case means...