High street retailer Next has supported its pension scheme through a number of buy-ins but does not want to throw cash into a liability-matching "black hole", trustee chairman Ian Richards says.
Speaking during a panel discussion at the PP Show, Richards said the £500m scheme had moved assets into 75% growth, 25% protection with the support of the sponsor. He also revealed the scheme has entered...
The Pensions Regulator (TPR) has set out plans to use "new regulatory initiatives" with over 1,000 schemes as it aims to tighten its regulatory grip and boost member outcomes.
HM Revenue and Customs (HMRC) has announced it is delaying the provision of data that will enable pension schemes to confirm the guaranteed minimum pension (GMP) benefits to pay to members until the end of the year.
This week's top stories include an article on climate activists from Extinction Rebellion crashing the PLSA's local authority conference, and an in-depth piece on the Court of Appeal's ruling on the BIC UK Pension Scheme case.
Engagement in pensions is rising but there are still a number of barriers to overcome. Natanje Holt looks at the key issues that need to be tackled