Changes to employer debt regulations have done little to achieve deregulation of the "overburdened" pensions industry, consultants say.
Changes to Section 75 regulations – announced by the department for work and pensions – include the introduction of a 12-month period of grace so short-term falls in employee numbers do not trigger a debt;...
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.