Round up - October 10
Fund managers told 'don't panic' over the elephant in the room; Pension lifeboat liabilities increase; Banking crisis: Retirees may not be forced to buy annuities before age of 75; Relief rally at Aviva; Government considers Tory proposal on annuities; Darling cool on rescuing councils caught out with Icesave investments
Fund managers told 'don't panic' over the elephant in the room Financial Times It wasn't quite a case of fund managers clinging to each other in the bars and shouting, Corporal Jones-like, "Don't panic!"...
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PPF proposes levy for commercial consolidators; slashes general levy estimate by £50m
The Pension Protection Fund (PPF) is consulting on proposals to charge a "risk reflective" levy for commercial defined benefit (DB) consolidation vehicles.
DB deficit could be halved by adopting new 'end-game' solutions
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
Alan Rubenstein: DB consolidation right answer for only a 'minority' of schemes
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.
Field questions TPR over lessons learnt from Kodak Pension Plan
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).