DB

The Pensions Regulator has published a consultation on its proposals to revise the defined benefit funding code.  The first stage of this consultation is seeking views on both the new 'twin track'...

Pension deficits among FTSE350 companies have increased significantly over the past month, due to market volatility. Mercer's latest Pensions Risk Survey shows the accounting deficit of the DB schemes from the 350...

The Society of Pension Professionals has appointed Fred Emden as its first chief executive.  The SPP is a trade body, representing companies that advise and provide services to work-based pension schemes and...

KPMG has spun off its pensions advisory practice, which is now being launched as an independent consultancy, known as Isio.  The division was bought out by Isio partners with backing from Exponent...

It is now five years since the introduction of pension freedom rules, but there is still widespread confusion about retirement options, particularly among the 50-plus age group.  One in four savers (26...

The new chancellor Rishi Sunak, has dropped plans to reduce higher rate tax relief on pensions, according to reports this weekend.  Briefings suggest this change of plan comes after fierce opposition by...

Advisers have called on the government to provide urgent clarification on equalising guaranteed minimum pensions in order to address concerns by trustees and sponsoring companies.  HMRC has recently published guidance about this...

The Government has published further guidance on how pension schemes should deal with the equalisation of Guaranteed Minimum Pensions (GMP). This follows a high court ruling that schemes must equalise these benefits...

Large employers are increasingly using third parties to review financial advice given on transfers from defined benefit pensions, according to a report in the Financial Times. It found that a number of...

Concerns have been raised that attempts to restrict higher rate tax relief on pensions could “kill off”  remaining DB schemes in the private sector, and create further funding issues for public sector...