Actuaries and administrators could face a wave of litigation as scheme sponsors and trustees look to "point the finger" of blame for deficits, lawyers warn.
They believe the move towards annual actuarial valuations – prompted by the FRS17 and IAS19 accounting rules – and the introduction of the Pension Protection Fund’s risk-based levy could lead to a big...
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.