Changes to the Pension Protection Fund (PPF) compensation cap could increase the total levy paid by schemes by almost £140m according to a government impact assessment.
The Avery Dennison UK Pension Plan has appointed SEI to act as fiduciary manager and put in place a dynamic de-risking strategy.
The Pension Protection Fund (PPF) is braced to take on the UK Coal pension scheme as its sponsoring employer is poised to file for insolvency.
Just under half of respondents supported the idea of more schemes being allowed to run on after a sponsor enters insolvency. A quarter of contributors rejected the suggestion.
Jack Jones looks at the implications of consolidation in the bulk annuity market
The experience of Buzz respondents backs the suggestion by the Bank of England that sponsors of defined benefit (DB) schemes were cutting back on corporate investment.
A significant proportion of contributors were concerned that schemes are over-exposed to interest rate risk, but one quarter said this was not a problem.
Three quarters of respondents thought third-party administrators (TPAs) should not be charging clients more for spotting ‘pensions liberation' scams.
PwC has launched an online analysis platform it says will transform the actuarial advice market and allow schemes and sponsors to make quicker, better informed decisions.
The majority of respondents dismissed the suggestion that the government should impose a standardised charging structure on the industry. A third of contributors supported the idea, however.