Asset-backed funding arrangements are a "house of cards" that could run counter to European law banning schemes from making employer-related investments, says a lawyer.
Herbert Smith partner Roderick Morton told delegates at the Pensions and Benefits show that the structures were "absolutely employer-related investment in principle" but could be set up due to a loophole...
Occupational pension provision has continued to grow in value, but there remains large variance in incomes across the pensioner age group, according to latest government data.
Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.
Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.
This week's top stories included coverage of the much-anticipated defined benefit (DB) white paper and the sector's reaction.