Members of private sector defined benefit schemes will be able to transfer to a defined contribution arrangement according to a written Ministerial Statement published ahead of the Budget consultation response.
How to approach the end of contracting out
Increasing numbers of employers are considering Pension Increase Exchange exercises (PIES) as the Code of Practice for Incentive Exercises has gained acceptance, say consultants.
The 2014 Pension Schemes Bill, which will provide the legislative framework for arrangements that share risk between scheme members and sponsors, has been laid before parliament.
The 2014 Pension Schemes Bill, which will provide the legislative framework for arrangements that share risk between scheme members and sponsors, has been laid before parliament.
Average IAS19 discount rates used by FTSE100 companies to calculate pensions deficits have risen for the first time in five years.
Barnett Waddingham has reported a doubling in defined benefit (DB) to defined contribution (DC) transfer requests following this year's Budget announcement.
Industry welcomes the proposed Pensions Bill
Jack Jones looks at the latest alterations to the way levies are calculated
Barnett Waddingham has announced the promotion of Jonathan Daykin, Paul Leandro and Simon Taylor to partner.