Crashing out of the European Union without a deal could push up UK defined benefit (DB) scheme liabilities by £140bn, says Columbia Threadneedle Investments.
With just over two weeks until the planned departure date but no way out yet agreed, the asset manager said there is also a £140bn difference between the effect on scheme funding of a no-deal Brexit and...
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Nearly 60% of UK employers consider defined contribution (DC) master trusts to be the "most suitable" pension fund for their employees, according to research by Buck.
Companies which have tried to dodge their pension duties by changing their identities are being "hunted" by The Pensions Regulator (TPR) in a crackdown on non-compliance with auto-enrolment (AE).
Removing liquidity restrictions would enable DC funds to capitalise on the potentially higher and safer returns that DB schemes have benefitted from, says Patrick Marshall.