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...
David Hutchins looks at the recent FCA interim market study and asks better value can be delivered to members.
PP research finds disagreement on whether transfers to SSASs are the problem and should be barred.
Aon Hewitt, Mercer and Willis Towers Watson have joined forces in calling for measures to tackle transparency and competition issues raised by the Financial Conduct Authority (FCA).
This week's top stories included coverage of the DWP's much-anticipated green paper on defined benefit (DB) regulation, and ARC Pensions Law's plans to open a Leeds office.