Failure to make resolution may lose schemes power to repay surplus funds
The Society of Pension Consultants will do more to promote risk sharing as a means of supporting defined benefit provision, its new president says.
The Institute and Faculty of Actuaries is pushing to be "heard more clearly" by the industry following last week's merger, its president says.
DC schemes are clearing not working in their current guise and employers will move towards different types of tax wrappers, Standard Life says.
UK - The UK government should issue longevity bonds to help pension schemes and insurance companies address longevity risk, the Cass Business School said.
The UK government should issue longevity bonds to help pension schemes and insurance companies address longevity risk, the Cass Business School says.
The Heath Lambert Group Pension Plan has finally entered the PPF after five years in the lifeboat's assessment period.
Increases in inflation assumptions have increased scheme liabilities by £100bn but are still failing to keep pace with market assumptions, experts say.
UK - Increases in inflation assumptions have increased scheme liabilities by £100bn (US$146.1bn) but are still failing to keep pace with market assumptions, experts said.
Two-thirds of schemes say their engagement with companies has become significantly more effective over the past year, National Association of Pension Funds research shows.