The government could step in and lower the Pension Protection Fund levy to give schemes "breathing space", Mercer has said.
Schemes face levy payments rising by a quarter if low gilt yields continue over the next year. But Mercer said some schemes face even higher payments as the cap is based on an aggregate. The consultancy...
Kim Gubler says it is time that schemes and administrators reassess SLAs and look at what real people need from their pension schemes and when
The Pensions Regulator (TPR) is focusing on reducing the number of "poorly-run" schemes as it seeks to improve standards across the board.
Prudential Retirement has completed around $2.6bn (£2bn) of reinsurance contracts for UK pension scheme longevity risk since the start of the year, it has disclosed.
Funding standards for DB schemes have increased exponentially over the past decades. Con Keating says such significant overstatement of liabilities will lead to pushback through the courts.