As DCLG considers the benefits of a single LGPS investment fund, Naomi Rainey looks at the challenges of moving to a super fund structure.
Last week's confirmation that a single national Local Government Pension Scheme (LGPS) investment fund may be on the cards was not a surprise. The Department for Communities and Local Government's (DCLG)...
Advice giant Quilter has set aside £24m to compensate British Steel workers advised to transfer out of their defined benefit (DB) pensions by Lighthouse, doubling its previous redress provisions.
Defined benefit (DB) schemes will have to wait an extra year and a half on average to agree a buyout compared to their pre-Covid-19 endgame journey plans, Barnett Waddingham estimates.
ITV has submitted a £31m offer to The Pensions Regulator (TPR) for the Box Clever Pension Scheme after being forced to set out how it would financially support the scheme following a lengthy court process.
In the first feature of a three-part series, Iain Clacher and Con Keating look back at the UK’s defined benefit universe, exploring why the schemes were set up, how they have changed, and the case for their creation.
Patrick Foster draws on his experience supporting trustees through insolvency events to set out what trustees need to prepare for.