Employers believe the Code of Good Practice attached to Pension Incentive Exercises (PIEs) has improved the reputation of such moves but reduced take-up rates, government research finds.
The study conducted by the Department for Work and Pensions (DWP) found that employers had seen lower take-up rates without cash incentives, which are not permitted under the voluntary code. But employers...
The Pension Protection Fund (PPF) is consulting on proposals to charge a "risk reflective" levy for commercial defined benefit (DB) consolidation vehicles.
The funding gap across FTSE 350 schemes could be slashed by as much as £275bn if schemes look beyond traditional ways of creating value. Victoria Ticha examines how
There will be "many flavours" of defined benefit (DB) consolidators but consolidation will only be the right answer for a minority of schemes, Alan Rubenstein says.
Work and Pensions Committee (WPC) chairman Frank Field has questioned the regulator on what lessons it can learn from the experience of the Kodak Pension Plan No.2 (KPP2).