Defined benefit (DB) schemes should be allowed to restructure benefits to sort out funding deficits, according to top UK pension funds in a poll by Sackers.
Some 80% of 50 trustees and professionals at DB schemes said they supported restructuring in some circumstances, while 40% called for reductions in annual pension increases. Less than half of respondents...
As the government's review into AE kicks off, how should the policy progress post-staging? James Phillips explores the industry view
David Brooks says consolidation is not the only option for DB schemes
This week's top stories include a Treasury letter confirming no changes to pensions tax relief in the near future, and Frank Field questioning the level of benefits promised to BHS members.
Catherine Howarth looks at what issues the auto-enrolment consultation should focus on