DB

Deficits in DB pensions schemes have increased by a further £10bn since the start of the Covid-19 lockdown. Official figures from the Pension Protection Fund show the total deficit of the UK’s...

Increasing numbers of pension schemes are looking to protect against longevity risk with a record numbers of buy-ins, buy-outs and longevity swaps in 2019. New analysis by Hymans Robertson shows these totalled...

DB pension transfers are declining rapidly, in the wake of the Covid-19 pandemic. New data from LCP shows that member interest in transfers is at its lowest level since 2014, before the...

The impact of the COVID-19 pandemic on global economies led to continued market volatility throughout March. Developed market equity falls in March meant that at the end of the quarter they had...

Employers struggling to meet their auto-enrolment and other workplace pensions obligations can expect a ‘proportionate’ risk-based approach to enforcement says The Pensions Regulator. Issuing a Covid-19 guidance update, TPR says auto-enrolment contributions...

The government has responded to high profile corporate failures such as BHS and Carillion by tabling new legislation to bolster The Pensions Regulator’s powers and discourage corporate and individual behaviours that may...

Corporate advisers and trustees could face legal challenges from members in the months ahead as a result of more flexible guidance from the regulator in response to the Covid-19 crisis.  New guidance...

The Department of Work & Pensions has withdrawn the planned 10 per cent increase in the general levy, due to take effect this April. This levy is applied on all occupational and...

Trustees can suspend deficit reductions, ignore current markets in their valuations and stop cash equivalent transfers under a raft of emergency measures published by The Pensions Regulator (TPR) today. In a special...

A consultation into how the government can compensate members for age discrimination in public sector pension schemes could leave millions needing expert financial advice, former minister Steve Webb has warned. Consulting on...