Any further changes to tax relief would undoubtedly add to the cost and complexity of running a DB scheme, says Steve Webb
The one thing that seems certain in the world of pensions is change, and in no area is that more apparent than in the rules around pension tax relief. The last seven years have seen no fewer than six different...
A buyout tool which provides schemes with up-to-date pricing and comparisons between insurers has been launched by JLT Employee Benefits.
The DB white paper sets out plans to review the funding regime, with 'prudent' and 'appropriate' possibly redefined. But James Phillips asks if this could this signal a return to an MFR-like approach?
The trustees of GKN's pension schemes have agreed a package of mitigation measures that would improve funding to a "more prudent level" if Melrose's offer is accepted by shareholders next week.
While the new powers are welcome, most respondents doubt it will make a difference to the outcomes for members, Pensions Buzz respondents say.