The top stories this week were a decision from the Ombudsman, trustees at BHS and M&S announcing proposals to close its DB scheme to future accrual
1. Ombudsman rejects erroneous claim to full DB pension The ombudsman's ruling in favour of the trustees and sponsor in the Kingfisher Pension Scheme case could have huge implications for future cases,...
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.