The Department for Work and Pensions (DWP) will issue a green paper on the future of defined benefit (DB) schemes in early 2017, the pensions minister has confirmed.
Speaking at the Eversheds annual pensions conference on 1 December, Richard Harrington said the consultation exercise will begin in January. "Everyone knows the problem but it's very hard to suggest...
Over half of pension professionals believe the 'gilts plus' valuation method is unhelpful in the current economic environment, according to Aon Hewitt research.
The Pensions Regulator (TPR) should be investigated by a Royal Commission, according to a response to the government's green paper on defined benefit (DB) schemes.
The College of Law Pension and Assurance Scheme has completed its fourth buy-in for £28m worth of liabilities with Aviva, as it moves closer to full buyout.
The Pensions Management Institute (PMI) has appointed Ruth Palmer as learning director where she will review its qualifications suite and develop its education strategy.