UK - The crisis affecting occupational pension schemes is discussed in a new book by economics lecturer Martin Sullivan.
Understanding Pensions argues that the real pension problems lie with private pensions and not state provision.
Sullivan, a senior lecturer at the University of the West of England, said:
“The state pension schemes are sustainable, but private schemes provided by employers and insurance companies are in deep trouble.
“Consequently, government suggestions that private pension saving can fill the gap left by an increasingly stingy state pension are unrealistic.”
Understanding Pensions, published by Routledge, costs £65.
The Pension Protection Fund (PPF) is consulting on proposals to charge a "risk reflective" levy for commercial defined benefit (DB) consolidation vehicles.
The funding gap across FTSE 350 schemes could be slashed by as much as £275bn if schemes look beyond traditional ways of creating value. Victoria Ticha examines how
There will be "many flavours" of defined benefit (DB) consolidators but consolidation will only be the right answer for a minority of schemes, Alan Rubenstein says.
Work and Pensions Committee (WPC) chairman Frank Field has questioned the regulator on what lessons it can learn from the experience of the Kodak Pension Plan No.2 (KPP2).