PRIME MINISTER Gordon Brown is "confident" that he will be able to guarantee 90pc of the pensions of the 125,000 people who lost their retirement funds when their schemes collapsed.
In response to a question from Liberal Democrat MP Adrian Sanders at today’s question time, Brown said he hoped the government would make an announcement in “the next few days”. Minister for pensions...
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.