The Pension Protection Fund (PPF) is consulting on changes to the valuation assumptions it uses, which could increase the number of schemes entering the lifeboat fund.
The PPF is responsible for keeping assumptions used to set individual levies and determine whether schemes should enter the fund in line with bulk annuity pricing. It announced today that it is considering...
Senior clinicians within the NHS Pension Scheme will receive extra assistance to adjust their pension accrual to fit within tax allowances.
The British Bankers’ Association Pension Scheme (BBA) has completed a £95m bulk purchase annuity transaction with Aviva.
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.
The 3i Group Pension Plan has agreed a £650m buy-in with Legal & General (L&G), insuring the remaining benefits within the scheme.
Costly DB scheme regulations can result in abuses of equitable relations among stakeholders, say Iain Clacher and Con Keating.