What TPR has proposed for the future of DB funding
A two-track approach to DB funding valuations is expected to improve regulatory compliance while maintaining a level of scheme-specific flexibility where needed. James Phillips looks at some of the proposals
Defined benefit (DB) schemes will be able to choose between two approaches to funding under plans unveiled by The Pensions Regulator (TPR) today. Nearly two years after the Department for Work and Pensions...
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What trustees looking to transfer to superfunds should consider
Caroline Kurup explores the latest TPR guidance on superfund transfers and what scheme trustees should be considering
Schemes must meet three gateway principles for superfund transfers
Pension scheme trustees and sponsors should only seek to transfer members’ benefits to a defined benefit (DB) consolidator if there is no “realistic prospect of buyout in the foreseeable future”, The Pensions Regulator (TPR) says.
EXCLUSIVE - Guy Opperman: Why we are consigning dozen-page pension statements to the dustbin
Guy Opperman says two page, simpler statements as well as an annual ‘season’ in which to issue them could be transformative steps for the UK pensions industry
Second pensions bill expected in this parliament
A second pensions bill is likely during the “life of this parliament”, according to pensions and financial inclusion minister Guy Opperman.
Guy Opperman: Debate on AE contribution rates could take place in 2021
A “legitimate debate and discussion” is needed over future auto-enrolment (AE) contribution rates, says Guy Opperman, and that could take place next year.
