Five stories you may have missed this week
This week's top stories include reports that a deal for the British Steel Pension Scheme could be very near, while recent falls in life expectancy may not be a blip.
Also, The Pensions Regulator released new guidance on investment for defined benefit schemes, and the government is set to launch new pensions policy proposals in the near future.
1) Tata Steel could cut DB scheme adrift within three months
A deal on separating the British Steel Pension Scheme from Tata Steel may be just two or three months away, according to reports.
2) Mortality improvements in the noughties may have been the blip
Higher health and social care spending between 2000 and 2010 may have caused a blip in longevity estimates by accelerating improvements, according to Barnett Waddingham.
3) Regulator unveils investment guidance for DB trustees
The Pensions Regulator has published a guide on investment for defined benefit trustees as the next stage of its campaign to raise governance standards.
4) Government to tackle scams, charges and transparency ‘very soon'
The government is planning to release proposals on pension scams, reducing fees and charges, and improving transparency "very soon", according to Richard Harrington.
5) Over half of DB members that spoke to IFAs transferred out last year, finds Willis Towers Watson
A study has found 55% of defined benefit members who spoke to a financial adviser chose to transfer out to access pension flexibilities in 2016/17, compared to just 36% the previous year.
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