The Pension Protection Fund (PPF) has proposed a way to address the impact of the accounting standard changes on Experian scores in its 2017/18 levy rules consultation.
There has been concern the move to the new UK accounting standard FRS 102 would cause an artificial movement in ratings under the Experian insolvency model for some schemes. Given FRS 102, which came...
Professional Pensions is delighted to confirm the Women in Pensions Awards 2020 will be presented at a virtual ceremony on 25 November.
The lifetime allowance is set to rise to £1,078,900 from April next year in line with the 0.5% inflation figure.
Pension scheme trustees and sponsors should only seek to transfer members’ benefits to a defined benefit (DB) consolidator if there is no “realistic prospect of buyout in the foreseeable future”, The Pensions Regulator (TPR) says.
The UK has continued to struggle against its peers in an international analysis of pension systems due to continuing concerns over adequacy and sustainability.
Just one in six (16%) of schemes believe the Covid-19 pandemic has weakened their sponsor’s ability to support them in the long term, research by Willis Towers Watson finds.