Light at the end of the tunnel for DB sponsors?
Martin Hunter says while new TPR powers will increase the burden on all DB employers, it isn't all doom and gloom
It's a tough time to be an employer of a defined benefit (DB) scheme. A small number of very high profile pension failures (BHS, Tata Steel, Carillion, etc) have focused media and political attention...
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Exclusive: Hymans Robertson launches DB funding early warning tool
An “early warning” tool has been launched by Hymans Robertson to help defined benefit (DB) schemes understand which potential regulatory approach will be more suitable for their current funding strategy.
Pensions Schemes Bill passes final Lords hurdle to proceed to Commons
The Pension Schemes Bill will now move for consideration in the House of Commons after it was passed in the House of Lords yesterday (15 July) following a third reading.
McCloud consultation launches; Treasury resumes cost control mechanism for public sector schemes
HM Treasury has announced it will resume the cost control mechanism for public sector pension schemes, noting the concern that the 18-month suspension has caused.
PP Live: Covid-19 crisis has not changed TPR's view that funding principles are 'right'
The economic crisis caused by Covid-19 has reinforced The Pensions Regulator’s (TPR) view that its defined benefit (DB) funding principles are “right”, says David Fairs.
LGPS funds urged to begin McCloud work
Local Government Pension Scheme (LGPS) funds must carry out assessments urgently to understand the impact of the McCloud judgment, says Aon.
