Measure will make it easier for trustees and employers to agree surplus extraction
Measure will come into force from April 2029
Louise Pettit and Richard Knight ask if changes will allow for one-off payments to members
But it says rethink does not guarantee that financial redress will be awarded
Reports say chancellor has also decided against cutting pension lump-sum withdrawals
TPR has now ceased its regulatory action against ITV and associated entities
Industry says regime has set a strong foundation but there is ‘room to evolve’
Naomi Brown asks how trustees can prepare for when a decision they make is challenged
Ian McQuade looks at why the consultation matters and sets out four steps for reform
Retirees could be defaulted into annuity purchase default over CDC at retirement