The government has redrafted legislation on asset-backed funding published two months ago - potentially jeopardising transactions in progress, a consultant says.
The revised rules tighten the definition of ‘structured finance arrangements' which qualify for upfront tax relief on assets contributed to schemes by sponsoring employers. PwC tax partner Alex Henderson...
Partner Insight: Members' evolving needs and expectations are driving changes in scheme administration. As the pensions landscape inevitably continues to change, how will your scheme's approach need to develop to keep pace?
The Pensions Regulator (TPR) is "working closely" with government contractor Interserve and the trustees of its defined benefit (DB) pension schemes, it has confirmed.
The industry has welcomed the Department for Work and Pensions' (DWP) consultation on defined benefit (DB) consolidation as a way to address scheme covenant issues.
BMO Global Asset Management has opened a UK fiduciary management business, promising a "truly open architecture" approach to deliver "better client outcomes".