Ministers refuse broader pension compensation package; Pilot anger fuelled over BA pension reform; Rate rise a certainty; Queen takes stake in commercial property fund
Ministers refuse broader pension compensation package Financial Times (p3) A broader compensation package for 120,000 people who lost pensions when their companies went bust has been rejected by government....
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.