Some 20% of pension schemes admit they will need more time, money or outside support to offer members the full flexibilities introduced in the Budget, research shows.
Although only 7% of schemes expected to provide in-house drawdown, 57% were in favour of selecting preferred outside providers for decumulation, the study from Aon Hewitt found. Head of defined contribution...
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).