The PLSA's DB taskforce has suggested employers should be able to offload their DB scheme into merged 'superfunds'. James Phillips explores the idea.
Defined benefit (DB) consolidation has been harped as a potential solution to soaring deficits, with various models providing different benefits, particularly for smaller schemes. The Pensions and Lifetime...
This week's top stories included the Department for Work and Pensions issuing two separate consultations on the pensions dashboard and defined benefit consolidation.
A regime similar to that for defined contribution (DC) master trusts will be set up for regulating defined benefit (DB) consolidators under plans announced today.
Defined benefit (DB) superfunds that wish to enter the market must talk to The Pensions Regulator (TPR) about their plans before opening for business.