The use of asset-backed contributions to fund schemes will double over the next three years after HM Revenue and Customs clarified its stance on the arrangements, says Deloitte.
The firm said the practice was becoming more common with more than 20 asset-backed structures with an aggregate of value of £3bn reported since 2010. Legislation set out in the Finance Act 2012 tightened...
The belief that maturing DB schemes should automatically move into bonds and gilts is being increasingly challenged. Kristian Brunt-Seymour explores alternatives to the traditional de-risking model
Britain's vote to leave the European Union has shocked pollsters and investors, but what are the legislative and regulatory changes schemes and trustees can expect? James Phillips reports
The combined deficit of UK defined benefit (DB) pension schemes has hit £900bn following Britain's historic decision to leave the EU.
The secondary annuities market will only work if the Financial Conduct Authority (FCA) puts in place adequate protections to prevent consumers being ripped off.