Consolidation

The Department for Work and Pensions (DWP) has suggested its forthcoming white paper on defined benefit (DB) provision will only show the direction of travel on consolidation, rather give than a definitive answer.

The government's white paper on defined benefit (DB) sustainability may include a heavy focus on scheme consolidation, benefit simplification and The Pensions Regulator's (TPR) powers, a senior civil servant has hinted.

The PLSA's DB taskforce has released more details about its suggested scheme consolidation route, but questions remain about how it would work in practice. James Phillips reports

Consolidating defined benefit (DB) schemes could give members greater security and lead to more affordable benefits, the Pensions and Lifetime Savings Association's (PLSA) taskforce has said.

Michael Klimes finds evidence of consolidation in the DC master trust market, with the pace set to quicken as capital adequacy rules loom

This week's top stories include work and pensions committee chairman Frank Field telling PP that more needs to be done to consolidate defined contribution pots.

The Work and Pensions Committee (WPC) chairman talks to Michael Klimes about the challenges for occupational schemes and his unfinished business with Sir Philip Green.

The UK must do much more to consolidate scattered pots over the coming years as the benefits for savers are massive says MP Frank Field.

The debate over consolidation often cites regulatory hurdles, but perhaps trustees are the biggest issue, James Phillips writes

Labour has formally unveiled its general election manifesto - confirming pledges to amend the Takeover Code to protect pensioners, protect the triple-lock and give those overseeing the LGPS full trustee status.