Richard Favier thinks fears of a funding crisis in DB schemes are overblown but says, if he is wrong, a 'Super PPF' could well be one of the solutions considered by policymakers.
I hear a lot of people going on about how many seriously underfunded defined benefit (DB) schemes there are out there in the market. Anyone would think Armageddon will be upon us shortly and the Four Horses...
This week's edition of Professional Pensions is out now.
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.