Consolidation

Any surplus generated by The Pension Superfund will be shared between members and the defined benefit (DB) consolidator's capital providers, Alan Rubenstein has said.

Respondents say it is a bad idea to state the extent member views are taken into account when setting investment strategies.

Defined benefit (DB) consolidation vehicles may be subject to a special levy if they are deemed eligible for the Pension Protection Fund (PPF) in the event of a failure.

Vehicles to promote and enable pension scheme consolidation have been accused of forgetting the policy's intention of boosting outcomes for members of sub-scale schemes.

Paul Budgen says many of the smaller providers with less resource and funding will not make it through the costly and time-consuming months ahead

The Salvus Master Trust will welcome another 1,200 members and 20 employers as it absorbs the £7m Complete Master Trust.

Defined benefit (DB) 'superfund' consolidators will not take off, according to 52% of this week's Pensions Buzz respondents.

In this week's Pensions Buzz, we want to know whether you believe defined benefit (DB) 'superfund' consolidators will take off, and if there will be further consolidation of local government pension scheme pools.

Smart Pensions has appointed Anna Eagles as an independent trustee to support its governance as it expands.

The benefits promised by scheme consolidation are available today. Patrick Bloomfield asks why more trustees and sponsors aren't taking advantage of them