UK - Prolonged consultation on changes to the minimum funding requirement could trigger a surge in final salary scheme closures, senior figures have warned.
The government announced in its Green Paper that it will “strengthen protection for members whose solvent employer chooses to wind up a scheme” – but it provided no timetable for reform. NAPF be...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date