The industry can expect The Pensions Regulator (TPR) to become "increasingly clear" as to which methods are "good" to use for valuations, according to Andrew Young.
Its evolving approach to scheme valuations should be seen in the context of several other changes he expects in the near term, Young, who is an actuary at the watchdog, explained. These include cashflow...
This week's edition of Professional Pensions is out now.
The government is in talks with the UK and Irish pensions regulators over how to protect members of cross-border schemes in the event of a no-deal Brexit.
The equalisation of guaranteed minimum pensions (GMPs) is at least two years away from being completed, and could take longer than four years for some schemes, a poll has found.
The Pensions Regulator will consider if schemes should be required to have professional trustees and assess the case for greater regulation of administrators and system providers, PP can reveal.