Pensions tax issues leading to longer NHS waiting lists
The next chancellor should urgently address "absurdly complex" tax relief rules as data reveals NHS waiting lists have lengthened due to senior doctors working fewer hours to avoid the charges.
There has been a 50% increase in the last three months at NHS facilities in some parts of the countries, according to data seen by The Telegraph. Senior NHS clinicians have been breaching the lifetime...
More on Defined Benefit
DB funding - June 2020: Deficits grow further in Covid-19 markets
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the June 2020 estimates on the various measures…
Context clarity: Understanding your journey to full funding
Marian Elliott looks at the three questions trustees should ask to understand the route to endgame.
Transfer figures soar as £10bn leaves DB schemes in three months
Close to £10bn was transferred out of defined benefit (DB) pension schemes in the last quarter of 2019, according to figures from the Office for National Statistics (ONS).
Covid-19 widens FTSE 350 DB funding gap
FTSE 350 companies with defined benefit (DB) pension schemes have been hit particularly hard by the economic crisis caused by Covid-19, latest research from Barnett Waddingham shows.
Superfund risk called into question by Bank of England governor
Bank of England (BoE) governor Andrew Bailey is understood to have warned against superfund consolidation of defined benefit (DB) pension schemes less than a week after the entities were given the green light by The Pensions Regulator (TPR).
