Calculation of the Pension Protection Fund levy should be changed so schemes can rely on specific estimates for a number of years, a steering group recommends.
The PPF set up an industry steering group - focused on the lifeboat fund's levy structure - last year. Its report said it was "critical to the steering group's thinking" that changes in a scheme's bill...
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.