Baroness Altmann believes DB scheme consolidation would both reduce administration costs and deliver better outcomes for members
What is the long-term future for Britain's defined benefit (DB) pension schemes? Once schemes are closed, it is only a matter of time before the employer has no interest in these funds, with no employees...
Members of the Pensions and Lifetime Savings Association (PLSA) have given a green light to changes to the trade body's constitution and articles of association.
The newly-appointed chairman of the Pensions and Lifetime Savings Association (PLSA) has pledged to "open up" the organisation in a bid to improve policy development.
The Department for Work and Pensions (DWP) has suggested its forthcoming white paper on defined benefit (DB) provision will only show the direction of travel on consolidation, rather give than a definitive answer.
A raft of consultations and draft regulations will greet the industry over the coming weeks and months, the pensions and financial inclusion minister confirms.