Proposals for a credit rating override in the Pension Protection Fund (PPF) levy framework could create an uneven playing field and significantly increase levies for big firms, warns Towers Watson.
In a consultation on the levy, which closes today, the lifeboat fund put forward the option of using credit rating agency (CRA) scores where available, instead of its bespoke model. The PPF said this...
The Pensions Regulator (TPR) is calling on public service schemes to check information about their pension board is published to avoid failing their governance duties.
Schemes need at least 20 years of month-on-month data to tell the difference between skilful and lucky fund managers according to Columbia Threadneedle.
The trustee of soft drinks manufacturer AG Barr’s defined benefit scheme has insured 50% of its total pensioner liabilities through Canada Life.
Independent Governance Committees (IGCs) have joined forces to better understand what value for money means for scheme members.