The Pension Protection Fund (PPF) has launched a consultation on how levies will be calculated for 2020/2021, with an expected 8% increase in its levy collection compared to this year.
While stating it intends to make "no substantive changes", the PPF's consultation - launched on 25 September - noted that it will collect £620m in 2020/2021 - an increase on the £575m expected to be collected...
Over a third of defined benefit (DB) trustees have helped their members source financial advice in the lead up to their retirement, research shows.
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the November 2019 estimates on the various measures…
Pensions schemes are better funded now than this time last year, according to PwC’s annual Pension Scheme Funding Survey.
Aggregate spending on defined benefit (DB) pensions has dropped from £19bn to £15bn in 12 months, according to Hymans Robertson.
Pension scheme trustees should actively engage financial advisers if members are looking to transfer out of their defined benefit arrangements and washing their hands of the process does not eliminate risk, a study has found.