At last week's SPC conference Lord Hutton urged the industry to stop "banging on" about defined ambition (DA).
While he admitted DC as it currently stands remains inadequate he believes it can be improved markedly with the use of more DB-like strategies such as liability driven investment. He added that the...
The top stories this week were the High Court's decision to block the £12bn annuity transfer from Prudential to Rothesay Life, and a separate court ruling that 'raises the bar' for pension rectification exercises.
Guaranteed minimum pension (GMP) equalisation has soared to the top of pension schemes' to-do lists, with 58% stating it is a priority project, research from Equiniti has revealed.
Professional Pensions is holding its defined contribution (DC) conference on 4 September.