Energy scheme cost proposals branded a 'fudge'

clock

Prospect has branded Ofgem's plans to shake up the way energy companies pass through pension costs as a "fudge".

The energy regulator published its final proposals for price controls for electricity distribution companies, which included a new "incentive-based" framework for the treatment of pensions, this we...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

DB surplus reforms put schemes and savers 'at risk'

DB surplus reforms put schemes and savers 'at risk'

Pension Security Alliance warned surplus extraction ‘adds indirect cost to members’

Jasmine Urquhart
clock 09 June 2025 • 1 min read
Funding for half-hedged scheme up 2% in May

Funding for half-hedged scheme up 2% in May

Broadstone Sirius Index sees fully hedged scheme improve to 69.3% funding

Jasmine Urquhart
clock 06 June 2025 • 1 min read
AMNT co-chair John Flynn: MNT status, consolidation, and drive for good practice

AMNT co-chair John Flynn: MNT status, consolidation, and drive for good practice

Flynn says his hope during his time in the role is for greater value to be placed on MNTs

Holly Roach
clock 02 June 2025 • 5 min read
Trustpilot