GOVERNMENT support for the development of a simplified regulatory regime for risk sharing pension schemes would kick-start the growth of good workplace schemes, the Association of Consulting Actuaries says.
Speaking at the annual dinner of the ACA last night, chairman Ian Farr said that the industry was seeing the “widespread transfer” of all the investment and longevity risk from the employer to the employee...
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.