The Pension Protection Fund has confirmed the method trustees must use to calculate guaranteed minimum pensions for schemes transferring into the lifeboat fund.
The move comes after two consultation exercises and a year-long pilot scheme (PP Online, 10 November 2011). The PPF has stuck with the method used in the pilot scheme and said it would be writing to...
Senior clinicians within the NHS Pension Scheme will receive extra assistance to adjust their pension accrual to fit within tax allowances.
The Pensions Regulator (TPR) chief executive Charles Counsell has warned scheme trustees could see an increased demand for cash equivalent transfer values (CETVs) from defined benefit (DB) members.
Costly DB scheme regulations can result in abuses of equitable relations among stakeholders, say Iain Clacher and Con Keating.
Almost three-quarters of FTSE 100 defined benefit (DB) pension schemes were in surplus on an accounting basis as the coronavirus crisis hit, according to Lane Clark & Peacock (LCP).
The Local Government Pension Scheme (LGPS) cut its deficit by £31bn over the course of three years, its latest annual report shows.