A rapid increase in late payments to company schemes could be a sign of an "impending wave of restructurings and insolvencies", Pinsent Masons says.
The law firm said there has been a 35% rise in the number of late employer contributions made to schemes, increasing from 6,787 in 2011 to 9,172 in 2012, according to The Pensions Regulator's figures....
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.