Large firms will follow the postal service's lead on introducing collective defined contribution (CDC) schemes if it works well for management and employees, the pensions minister says.
Guy Opperman's words came as the Department for Work and Pensions (DWP) launched a consultation to "shape future legislation" for CDC schemes today (6 November). It follows Royal Mail's announcement earlier...
Seven bodies with responsibility for protecting UK pension savers’ pots have joined forces to create an information guide to reassure scheme members amid concern about the impact of the Covid-19 crisis on financial wellbeing in the UK.
Pension scheme trustees could find themselves with a better seat at the table during a corporate restructuring under government proposals presented to parliament last week.
Costly DB scheme regulations can result in abuses of equitable relations among stakeholders, say Iain Clacher and Con Keating.
There are many reasons why trustees may need to complete a benefit rectification exercise. Faye Jarvis explores the key considerations in these instances.
It would not be appropriate to rethink or completely abandon the planned revision to the defined benefit (DB) funding code, The Pensions Regulator (TPR).