The Pension Protection Fund has confirmed it will not adjust its valuation assumptions in respect of Section 143 and Section 179 valuations.
The valuation under s143 determines whether the scheme has sufficient funds to pay at least the PPF levels of compensation - when the PPF assumes responsibility for the scheme. While s179 requires schemes...
This week's edition of Professional Pensions is out now.
The government is in talks with the UK and Irish pensions regulators over how to protect members of cross-border schemes in the event of a no-deal Brexit.
The equalisation of guaranteed minimum pensions (GMPs) is at least two years away from being completed, and could take longer than four years for some schemes, a poll has found.
The Pensions Regulator will consider if schemes should be required to have professional trustees and assess the case for greater regulation of administrators and system providers, PP can reveal.