UK - Prime minister Gordon Brown has told parliament he expects the government will be able to guarantee 90% of the pensions lost as a result of company schemes collapsing.
The Pensions Action Group has been keeping up pressure on the government to provide compensation, recently holding an all-night vigil outside Downing Street.
A buyout tool which provides schemes with up-to-date pricing and comparisons between insurers has been launched by JLT Employee Benefits.
The DB white paper sets out plans to review the funding regime, with 'prudent' and 'appropriate' possibly redefined. But James Phillips asks if this could this signal a return to an MFR-like approach?
The trustees of GKN's pension schemes have agreed a package of mitigation measures that would improve funding to a "more prudent level" if Melrose's offer is accepted by shareholders next week.
While the new powers are welcome, most respondents doubt it will make a difference to the outcomes for members, Pensions Buzz respondents say.