Jonathan Stapleton speaks to the trustee chair of the Railways Pension Scheme
Broadstone says DB funding positions remain stable but buyout positions are improving
Aggregate funding level of UK DB schemes on a long-term basis increases to 105% in February
Insurer believes volatility has led to improved funding and higher sponsor appetite for deals
Industry backs government support but says reforms must now be implemented at pace
Minister says the Bill will ‘move the retirement saving revolution to an evolution’
Bill looks to abolish lower earnings limit and reduce age for being auto-enrolled to 18
Industry letter to the Treasury calls for MPAA to be increased from £4,000 to £10,000
Firm points to strong organic growth and says it remains ‘choosy’ over further acquisitions
Defendant also charged with failure to provide information requested