Business post strong results as workplace division wins 477 new schemes
Industry hopes PfL is ‘quietly dropped’ while DC rules welcomed if outcomes prioritised
Chancellor confirms intention to allow TPR and FCA to monitor DC performance
Van Lanschot Kempen says crisis increasing deficits by £4m per £100m of liabilities could be on the cards
Only one in ten to offer uncapped inflationary indexation increases
Schemes will need to complete a statement of strategy from 22 September this year
70% of default accumulations will be aligned to Paris Agreement goal of 1.5 °C by 2030
Larger schemes prefer low dependency, while one in five consider employer surplus return
XPS says DB funding improved by £20bn in February driven by 0.2% rise in long term gilts
‘Watch this space’ on lifetime provider model but ensure data is ready for dashboards