The industry must change its mind-set that consolidation of defined benefit (DB) funds is too difficult, according to DB Taskforce chairman Ashok Gupta.
Speaking at the PLSA Investment Conference he said that while there were challenges, it is well within the capability of the industry to find answers to the difficult questions. Gupta was on a panel...
This week's top stories included the Department for Work and Pensions issuing two separate consultations on the pensions dashboard and defined benefit consolidation.
A regime similar to that for defined contribution (DC) master trusts will be set up for regulating defined benefit (DB) consolidators under plans announced today.
Defined benefit (DB) superfunds that wish to enter the market must talk to The Pensions Regulator (TPR) about their plans before opening for business.