Consolidation

The PLSA's DB taskforce has suggested employers should be able to offload their DB scheme into merged 'superfunds'. James Phillips explores the idea.

This week's top stories include coverage of the Spring Budget, where the chancellor confirmed the money purchase annual allowance will fall to £4,000.

The Pensions and Lifetime Savings Association (PLSA) has advocated a "full merger" of defined benefit (DB) schemes which splits employers from their burgeoning obligations.

A supermajority of pensions buzz respondents rebuked a suggestion that all defined benefit (DB) schemes should be merged into one.

The Pensions Regulator's (TPR) powers to authorise master trusts will be the "cornerstone" of its drive to consolidate the defined contribution (DC) market according to Andrew Warwick-Thompson.

The industry finally has some understanding of the government's position on the future of DB regulation. James Phillips explores if it goes far enough

The Department for Work and Pensions (DWP) has proposed ways to improve the defined benefit (DB) system in its long-awaited consultation paper.

Consolidating DB schemes could prove a solution for small schemes with significant deficits, but how can the UK move ahead? James Phillips reports

Pension legislation and regulation need a radical overhaul in order to reduce complexity and communicate a coherent message, according to a report.

There is much discussion on how consolidation will bring real benefits to schemes but Hilary Salt is not so sure.