DB

The number of Covid-19 scams is rising, with losses arising from these frauds now topping £5m. The latest figures from Action Fraud show that there have been over 2,000 cases reported since...

The Financial Conduct Authority will ban contingent charging on DB pension transfers in the vast majority of cases. This is the main plank of a part of a package of measures announced...

The UK’s largest pension scheme has announced it will be divesting from its tobacco, coal and weapons holdings over the next two years.  USS - the Universities Superannution Schemes - currently has...

Pension scheme chair’s statements should be required by law to include reference to the quality of their data say independent data consultants, ITM. Responding to the PLSA’s publication of a new template...

Reports of the death of pensions tax relief have, like Mark Twain nearly wrote, been much exaggerated. I’m more guilty than most, given I’ve written a lot of those reports, inevitably on...

The Pensions and Lifetime Savings Association has launched a new forum to seek views on how the retirement savings sector can address climate risk.  The PLSA is inviting pension schemes, the wider...

FTSE100 DB pension schemes were in their strongest financial position for 20 years prior to the Covid-19 crisis hitting, according to new data from LCP.  The pension consultants latest Accounting for Pensions...

More than a third of DB pension schemes are not taking action to address potential funding level issues as a result of the Covid-19 crisis.  A survey of scheme managers and trustees...

Over the last few weeks, calls have been made for us to rethink or abandon the first consultation on our draft DB funding code. The arguments are that it was written in...

One if five DB schemes may suspend pension deficit contributions, according to new research from Isio. Isio —  formerly the pensions advisory arm of KPMG, which launched as an independent company in...