Research by Hymans Robertson predicts existing options could shrink the DB universe by four-fifths in 25 years' time. Stephanie Baxter explores its predictions
At a Glance There will be an increasing drive to reduce running costs and improve the security of members' benefits Solutions such as sole trusteeship, DB master trusts, and investment platforms...
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.