Introducing greater flexibilities for defined benefit (DB) members should be a serious legislative consideration for the government according to Broadstone technical director David Brooks.
It comes as the consultation on developing a secondary annuity market which closed this week has again raised the issue over the lack of flexibilities for DB members. The government previously announced...
Partner Insight: Members' evolving needs and expectations are driving changes in scheme administration. As the pensions landscape inevitably continues to change, how will your scheme's approach need to develop to keep pace?
The Pensions Regulator (TPR) is "working closely" with government contractor Interserve and the trustees of its defined benefit (DB) pension schemes, it has confirmed.
The industry has welcomed the Department for Work and Pensions' (DWP) consultation on defined benefit (DB) consolidation as a way to address scheme covenant issues.
BMO Global Asset Management has opened a UK fiduciary management business, promising a "truly open architecture" approach to deliver "better client outcomes".