DB

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...

The Pensions Regulator has published a new corporate strategy, setting out its priorities for the next 15 years. Reflecting the changing nature of workplace pensions, this strategy outlines a shift in focus...

The Bank of England's decision to cut interest rates in response to the coronavirus crisis have driven defined benefit deficits higher, with UK pension schemes facing a funding hole of £166.1bn by...

The BT Pension Scheme - the UK’s largest company pension - will aim for its portfolio to be net zero, in terms of greenhouse gas emissions, by 2035.   The new climate...

Only a 1930s-style depression would have caused pension income to be cut under new collective defined contribution (CDC) schemes, according to new research from Aon. The pension consultancy said extensive analysis indicates...

The Pensions Management Institute (PMI) has appointed Lesley Alexander as its new president. Alexander has been a non-executive director on the board since 2018, and is already in her second term on...

Collective defined contribution (CDC) schemes will deliver retirement income on average 70 per cent higher than annuities bought through traditional DC saving, and 40 per cent higher than typical DB structures, according...

Future pension reform could see further divergence between DC and DB pension regimes, with a reduction in higher rate tax relief on DC pensions only, but greater flexibility in regards to access. ...