The Department for Work and Pensions will launch a consultation into smoothing the discount rates used to calculate scheme liabilities, in a move that could knock billions off deficits.
The Autumn Statement revealed the DWP will consult on whether companies undergoing valuations in 2013 or later should be able take a longer-term view of projected returns. The Autumn Statement said:...
An innovative funding structure has been agreed for Croydon Pension Fund. However, there are some concerns about the arrangement. Stephanie Baxter reports
Some 52% of red flags raised by schemes on suspected scam pension transfers involve advisers or unregulated introducers, a report by the Pension Scams Industry Group (PSIG) has claimed.
The Norfolk Pension Fund has been successful as the lead plaintiff in a class action case that went to jury trial in California involving securities fraud.
In this week's Pensions Buzz, we want to know whether bosses should have to pay into the same staff DB scheme as their workers rather than their own executive pension fund.