UK - Official projections that the UK will continue to spend only 5% of its gross domestic product on state pensions over the next 50 years have been dismissed by the Conservatives.
The party’s work and pensions spokesman David Willetts warned that these figures would only be reasonable if the UK had healthy and widespread funded pensions.
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).