An increasing number of FTSE100 firms are seeking alternatives to straight cash funding, with 38 FTSE100 companies disclosing some form of security arrangements in their 2013 accounts, LCP research finds.
If all the FTSE100 companies still using the RPI inflation measure in their pension schemes were to move to using RPIJ, the combined pension deficit could fall by up to £20bn, LCP says.
The Pensions Regulator used its formal powers to ensure employers comply with their automatic enrolment duties on 23 separate occasions up to the end of June this year.
Threadneedle Investments has launched a global multi-asset income fund in response to the additional pension flexibilities announced in this years' Budget.
JO Hambro Capital Management is considering rolling out a multi-asset range as it looks to benefit from pension reforms, its chief executive says.
50% of Aussies spend pension cash by age 70. Will we follow?
HM Treasury is set to change tax rules in a bid to help providers develop new retirement income products that better meet the evolving needs of members.
Trustees will be allowed to override scheme rules to follow tax rules in order to ensure individuals have flexible access to their savings.
The government is set to restrict pensions tax relief for the over 55s in a bid to stop the "exploitation" of new tax freedoms.
The Financial Conduct Authority (FCA) has launched a consultation into the parts of the guidance guarantee for which it will be responsible.