The Work and Pensions Committee (WPC) has urged the government to introduce new extra duties on big private companies and directors to prevent another BHS failure.
It wants private companies with large defined benefit (DB) pension schemes to be subject to corporate governance rules that currently only apply to public listed companies. Also, it said company directors...
Helen Morrissey looks at pension schemes' experience of investing in the property market during 2016 and asks what they can expect during 2017
The Department for Work and Pensions (DWP) has proposed ways to improve the defined benefit (DB) system in its long-awaited consultation paper.
There could be a case to suspend indexation for schemes which are underfunded and where sponsors are in stress, the government has said.
Willis Towers Watson (WTW) has launched a global marketplace in a bid to make the investment management industry more efficient and substantially cut scheme costs.