There is a changing dynamic within occupational pension provision. A growing number of companies, it seems, are no longer prepared to leave their schemes' destiny solely in the hands of trustee boards but are bringing in their own experts to devise funding strategies.
It is, of course, no surprise that sponsors should be concerned about how their schemes are performing. The introduction of accounting standard FRS17 – which requires firms to show scheme liabilities...
The Pension Protection Fund (PPF) is consulting on proposals to charge a "risk reflective" levy for commercial defined benefit (DB) consolidation vehicles.
The funding gap across FTSE 350 schemes could be slashed by as much as £275bn if schemes look beyond traditional ways of creating value. Victoria Ticha examines how
There will be "many flavours" of defined benefit (DB) consolidators but consolidation will only be the right answer for a minority of schemes, Alan Rubenstein says.
Work and Pensions Committee (WPC) chairman Frank Field has questioned the regulator on what lessons it can learn from the experience of the Kodak Pension Plan No.2 (KPP2).