Some of the government's proposals to change benefits at the British Steel Pension Scheme (BSPS) involve "significant risks for relatively limited gains" according to the Pensions Protection Fund (PPF).
In its response to the government's consultation which ends tomorrow, the PPF assessed the four proposals being considered to save Tata Steel UK. It comes on the back of concern over two of the options...
This week's edition of Professional Pensions is out now.
Laytons partner Jennie Kreser speaks of her concerns over pension outcomes.
Guy Opperman has indicated his support for a fresh pensions commission as the government seeks to understand how to progress pensions policy in a wide range of areas.
Auto-enrolment (AE) minimum contribution rates could rise to 12% by 2030, with a 50/50 split between employer and employee, the Pensions and Lifetime Savings Association (PLSA) says.