The PPF's plans to impose a new levy model on schemes that cease to have a substantive sponsor have received mixed reactions from the industry, writes Stephanie Baxter
The Financial Conduct Authority (FCA) has proposed to update the methodology used to calculate redress payments for unsuitable advice given on defined benefit (DB) transfers, saying the system needed to become more 'appropriate'.
The government is pressing ahead with controversial plans to reduce the money purchase annual allowance (MPAA) from £10,000 to £4,000, according to Spring Budget documents.
This week we want to know whether the DB Taskforce's call for a full merger of schemes into superfunds is the best way to achieve DB consolidation.
MPs are probing a deal agreed for General Motors' (GM) UK defined benefit schemes just days after the car manufacturing giant announced the sale of its European assets including Vauxhall.
A Scottish court has ruled four schemes were validly amended for Barber equalisation in spite of lack of documentation. Stephanie Baxter asks if it could lead to less pedantic judgements south of the border.
Private sector pension deficits have stabilised as markets show resilience, but are still more than double what they were 12 months ago.
A scheme to allow British Home Stores (BHS) members to avoid large cuts through the Pension Protection Fund (PPF) could be the first to be assessed under new levy calculations.
The landmark agreement between the regulator and Sir Philip Green over British Home Stores (BHS), which will enable members to avoid the Pension Protection Fund (PPF), has been welcomed by the trustees.
The government is to change the definition of financial advice for regulated firms - replacing, with effect from 3 January 2018, the two existing interpretations with a single one based on the Markets in Financial Instruments Directive (MiFID) definition...