The European Commission has bowed to UK pension industry demands for a longer consultation period on Solvency II requirements and extended the deadline by five weeks.
Last week PP revealed how the industry and The Pensions Regulator were lobbying the EC to lengthen the consultation after it was given just four weeks to submit a response to the 500 page technical consultation....
The Pension Protection Fund (PPF) is consulting on proposals to charge a "risk reflective" levy for commercial defined benefit (DB) consolidation vehicles.
The funding gap across FTSE 350 schemes could be slashed by as much as £275bn if schemes look beyond traditional ways of creating value. Victoria Ticha examines how
There will be "many flavours" of defined benefit (DB) consolidators but consolidation will only be the right answer for a minority of schemes, Alan Rubenstein says.
Work and Pensions Committee (WPC) chairman Frank Field has questioned the regulator on what lessons it can learn from the experience of the Kodak Pension Plan No.2 (KPP2).