The Pensions Regulator has hit back at accusations it is "sitting on its hands" over guidance on asset-backed contributions but ruled out bringing a test case to clarify their legality.
Last week, scheme advisers warned that some asset-backed structures – while beneficial to many schemes – could be found to constitute employer related investment if challenged in court (PP, 10 November)....
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).