This week's top stories included analysis suggesting the British Steel Pension Scheme could have a £2bn surplus, while the Treasury removed its controversial MPAA cut from the Finance Bill.
Also, the Department for Work and Pensions released proposals for new rules on section 75 debt, as well as moving to allow contracted-out pensions to be transferred to schemes which have never been contracted-out.
The British Steel Pension Scheme could have a £2bn surplus when using best estimate investment return assumptions, analysis by First Actuarial has suggested.
A controversial decision to slash the Money Purchase Annual Allowance from £10,000 to £4,000 has been scrapped as the Treasury sought to trim the Finance Bill.
The Department for Work and Pensions has launched a consultation on allowing employers in multi-employer schemes to defer their cessation debt.
Aon Hewitt will sub-contract the administration of three public sector schemes to Equiniti as part of its move out of the standalone pension administration services market.
The Department of Work and Pensions will amend legislation to allow contracted-out benefits to be transferred into a scheme which has never been contracted-out.
PMI president Lesley Alexander and the institute's immediate past-president Lesley Carline talk about the challenges of Covid-19 and the opportunities and challenges the industry faces in the future.
The Pensions Administration Standards Association (PASA) has announced global consultant Deloitte as its expert knowledge provider for data.
This week’s top stories included further support for an overhaul of the pension tax regime, while the Treasury confirmed the Retail Prices Index will be reformed by 2030.
XPS Pensions posted a 9% increase in revenues during the six months to 30 September – a rise driven by a number of large client wins.
Here they are - the winners of the 3rd annual Women in Pensions Awards...