DB funding stable despite market turbulence
The estimated surplus of DB schemes that help fund the Pension Protection Fund decreased slightly in January, according to the latest data. The PPF 7800 Index showed that the aggregate surplus was...
The estimated surplus of DB schemes that help fund the Pension Protection Fund decreased slightly in January, according to the latest data. The PPF 7800 Index showed that the aggregate surplus was...
The Department of Work and Pensions has appointed Mary Starks to lead a review of the day-to-day running of The Pensions Regulator (TPR). This is in line with expectations that regulators and...
The Society of Pension Professionals (SPP) has called on The Pensions Regulator to simplify its draft funding code, saying the new rules are ‘over the top’, will put undue burdens on schemes...
Only one in 20 pension schemes expect to be able to provide dashboard data for all their members by the upcoming ‘connection’ date. The survey by Willis Towers Watson, shows that 150...
The Department of Work and Pensions has rejected calls from MPs to draw up a timetable imminently to increase minimum AE pension contributions from both employees and employers. The influential Work and...
The new defined benefit funding code could land employers with a bill of £34bn, according to the regulator's own estimates. Pension consultants LCP points out that these “official figures” are contained in...
Hargreaves Lansdown will use Origo's 'full service' proposition to enable it to connect to the pensions dashboard and respond to data requests from consumers. Origo says its dashboard connector has designed to...
Pension consolidators who set up their own dashboards will be in prime position to benefit from the anticipated ‘dash for DC cash’ according to LCP partner Steve Webb. Webb, who is a...
The Financial Conduct Authority is clamping down on rogue investment promotions with proposed tougher new advertising rules. These rules, which it is currently consulting on, ai to make it harder for financial...
More than 1,000 members of the British Steel Pension Scheme (BSPS) will receive compensation of £49m after being mis-advised to transfer out of the defined benefit scheme. The Financial Conduct Authority confirmed...