The defined benefit (DB) regulatory framework is too rigid and needs to be made adaptable to ensure scheme sustainability, according to the Pensions and Lifetime Savings Association (PLSA).
In its DB taskforce's interim report, the industry body also called for scheme consolidation, and for better measures of the risk to benefits to be developed. At the PLSA's annual conference in ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
