SCHEMES are being urged to be more flexible so deferred members can take advantage of additional tax-free cash under April's A-Day rules.
Hanover Trustee Company pension consultant Nigel Page said thousands of deferred members could miss out on additional payments as they were not eligible to make any further contributions to the fund once...
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.