Taha Lokhandwala looks at how investment strategies could change under AE

Schemes should start preparing for GMP equalisation as it could take years to fully implement, consultants warn.

Taha Lokhandwala considers the gilts outlook.

Trustees should not take their statutory discharge for granted if errors and bad data exist during buyouts and transfer value exercises, lawyers warn.

Last week pensions minister Steve Webb announced the DWP is to launch a consultation on simplifying the rules around auto-enrolment.

Schemes and administrators should take extra care with data as the Information Commissioner's Office "beefs up" with extra powers from the European Union, lawyers warn.

Scheme deficits increased significantly in January according to the latest funding survey, compounding mixed messages on the state of defined benefit funds during a month of stock market gains.

Insurer RSA saw its deficit rise substantially despite an increase in its assets and contributions from the sponsor, its results show.

Telecoms group Everything Everywhere has seen its defined benefit scheme deficit rise by 48% over 2012 as liabilities increased by £60m, according to its results.

Pendragon has merged its six defined benefit schemes into one as its liabilities increase by 245%, its full year results show.