Conditional indexation
'Bonkers' DB liabilities mean schemes 'have just two ways to go'
Defined benefit (DB) schemes will either have to be bought out by an insurer or enter the Pension Protection Fund (PPF), Paul Masterton MP has predicted.
Industry split on merits of banning transfers to SSASs
PP research finds disagreement on whether transfers to SSASs are the problem and should be barred.
Minister defends green paper; says it's 'legitimate' to look at indexation
Richard Harrington has said the government has not made up its mind on indexation after it was criticised for trying to raid pensions in its green paper.
DB green paper's case for indexation flexibility divides industry
The government's admission there is a case to suspend indexation for certain underfunded defined benefit (DB) schemes has been welcomed by some while others warn it would open the floodgates.
Shadow minister: Savers need to understand 'every dot and jut' of costs
Alex Cunningham, the shadow pensions minister, speaks to James Phillips about his new brief, auto-enrolment, and DB deficits
Mixed industry reactions to WPC recommendations for DB reform
The industry has reacted with a mixture of support and scepticism at MPs' recommendations to reform the defined benefit (DB) pension system.
Key points in the WPC's recommendations on DB reform
Here is a summary of the most important points in the Work and Pensions Committee's (WPC) report on governance of defined benefit (DB) schemes.
Rolls-Royce boosts pension benefits for workers
Workers at Rolls-Royce will receive a boost to their retirement incomes due to a number of reforms it took more than a decade ago, the Financial Times says.
PLSA: DB needs more flexible regulation
The defined benefit (DB) regulatory framework is too rigid and needs to be made adaptable to ensure scheme sustainability, according to the Pensions and Lifetime Savings Association (PLSA).
Don't let people use pensions to buy homes, says industry
Most respondents in this week's Pensions Buzz think allowing people to use pensions to buy homes is a bad idea.
Five stories you may have missed this week
This week's most read stories include TPR protecting members of a DB scheme accidentally converted to DC, and the FCA fining Aviva £8.2m for failing to protect client assets.
Conditional indexation is fraught with difficulties
Shajahan Alam says giving DB schemes flexibility to reduce inflation linkage sounds a lot simpler than it would be in practice.
Steve Webb: Conditional indexation won't happen
The government will not allow conditional indexation even if it is recommended by the Work and Pensions Committee's (WPC) inquiry, Steve Webb has claimed.