The industry believes The Pensions Regulator (TPR) must give trustees more guidance on reporting on value for money, PP research finds.
Just over half of the 127 respondents to this week's Pensions Buzz survey - 56% of whom were trustees or scheme managers - said more help was needed on this element of the annual governance statement....
A buyout tool which provides schemes with up-to-date pricing and comparisons between insurers has been launched by JLT Employee Benefits.
The DB white paper sets out plans to review the funding regime, with 'prudent' and 'appropriate' possibly redefined. But James Phillips asks if this could this signal a return to an MFR-like approach?
The trustees of GKN's pension schemes have agreed a package of mitigation measures that would improve funding to a "more prudent level" if Melrose's offer is accepted by shareholders next week.
While the new powers are welcome, most respondents doubt it will make a difference to the outcomes for members, Pensions Buzz respondents say.