Concerns over proposals to introduce smoothing into scheme valuations have been revealed by a Department for Work and Pensions call for evidence. Although some respondents welcome the plans, which are expected to feature in the Budget this month, many warned they would have a limited impact and reduce transparency.
Responses to the consultation stressed that, if smoothing is introduced, it would have to apply to assets and liabilities and schemes would have to be given the choice over whether or not to apply it....
Responses to the Professional Trustee Standards Working Group's consultation have flooded in. While the industry mostly welcome the proposals, there is disagreement on some areas, writes Kim Kaveh.
A new criminal offence of neglecting pension responsibilities will be announced in a pensions white paper this week, the prime minister has confirmed.
Despite improvements in investment manager attitudes towards responsible investment, research reveals there is a way to go before the majority deliver meaningful action. Victoria Ticha explores why
The Co-operative Bank is set to continue de-risking pension schemes after it mitigated further losses by switching from the retail prices index (RPI) to the consumer prices index (CPI).