The Treasury has been accused of pursuing self-interest and seeking to raise billions of pounds in corporation tax by allowing schemes to smooth discount rates.
The Autumn Statement yesterday revealed the Department for Work and Pensions will consult on whether schemes should be able to take a long-term view of expected returns rather than use mark-to-market values,...
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.