Defined contribution schemes can allay litigation fears by setting up a committee to oversee the default fund, a leading independent financial adviser claims.
Last month PP reported that an increasing number of DC schemes were worried members would believe the default option was a “recommendation” and might sue if they subsequently lost savings. But Hargreaves...
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.