Barnett Waddingham submits valuation under DB funding code, state pensions connects to dashboards, and LCP launches Visualise+
Andrew Bailey has said he does not support mandation, with the industry suggesting this will be ‘unwelcome’ at the DWP
Move will bring UK in line with international markets and come into force from 2027
Bank's MPC voted in favour of reducing current interest rate by 25bps in decision expected by markets
Interest rates held at 5.25% for sixth time in a row
Reuters poll of economists finds majority do not expect rates to rise next week
Change in policy will ensure that regulators retain their independence from government
BoE governor tells schemes to get the rebalancing done by end of the week
DB schemes likely to see an increase in liabilities
WPC chair says government needs to boost legislation to tackle paid-for ads