Backstop power allows government to tell an authorities to participate in a specific pool
DWP commended for avoiding ‘unnecessary layers of caution’ in its plans
Government publishes Options for DB Schemes consultation response
Move aims to double the number of £25bn+ megafunds, boost investment and improve returns for savers
L&G’s Andrew Kail says it is time to stop thinking of DB pensions as a legacy of the past.
Consultancy’s launch follows client demand for a ‘one-stop shop for employee benefits’
The extent to which schemes are looking to stay invested for longer
Torsten Bell says move to safely release part of scheme surpluses will be announced shortly
Purchase in real estate investor will help L&G accelerate growth into new markets
Industry also concerned about the supply of UK-specific assets