Pension funds can lend to businesses and fill the gap left by retreating banks, but will not be treated like "mugs", according to Tesco chief investment officer Steven Daniels.
The government is trying to encourage banks to lend more to businesses with limited success, which is increasing the pressure on pension funds to step in. Speaking at the National Association of Pension...
A buyout tool which provides schemes with up-to-date pricing and comparisons between insurers has been launched by JLT Employee Benefits.
The DB white paper sets out plans to review the funding regime, with 'prudent' and 'appropriate' possibly redefined. But James Phillips asks if this could this signal a return to an MFR-like approach?
The trustees of GKN's pension schemes have agreed a package of mitigation measures that would improve funding to a "more prudent level" if Melrose's offer is accepted by shareholders next week.
While the new powers are welcome, most respondents doubt it will make a difference to the outcomes for members, Pensions Buzz respondents say.