The trustee board of the Plumbing and Mechanical Services (UK) Industry Pension Scheme has launched a consultation with sponsoring employers on closing the scheme to future accrual.
A booklet was sent to the scheme's 360 participating employers on 20 July, proposing to end future benefit accrual "no sooner than 30 June 2019", and invited "as many as many employers as possible" to...
The Pension Protection Fund (PPF) is consulting on proposals to charge a "risk reflective" levy for commercial defined benefit (DB) consolidation vehicles.
The funding gap across FTSE 350 schemes could be slashed by as much as £275bn if schemes look beyond traditional ways of creating value. Victoria Ticha examines how
There will be "many flavours" of defined benefit (DB) consolidators but consolidation will only be the right answer for a minority of schemes, Alan Rubenstein says.
Work and Pensions Committee (WPC) chairman Frank Field has questioned the regulator on what lessons it can learn from the experience of the Kodak Pension Plan No.2 (KPP2).