The DB Taskforce's interim report reveals the risk of schemes not paying benefits in full is higher than previously thought. Jonathan Stapleton looks at the findings and assesses what can be done.
At a Glance There is a significant risk to members' benefits in all but the most strongly funded DB schemes For many members the risk is they will lose 15-20% of their benefits Scale is an issue...
Regulatory guidance “could set too high a hurdle” for superfunds, Lane Clark and Peacock (LCP) warns.
Around one in 25 pension schemes have made use of regulatory easements to deficit recovery contribution (DRC) payment schedules, according to The Pensions Regulator (TPR).
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the September 2020 estimates on the various measures…
Philip Dickinson looks at the impact of Covid-19 on the transfer market and how schemes and advisers can support members.
The Pension Protection Fund (PPF) has an 83% probability of success for its target of being self-sufficient by 2030 as of March this year, a six percentage point drop from 2019.