In this week's Pensions Buzz, we wanted to know whether defined benefit (DB) schemes with recovery plans over 10 years should have to explain, and if the regulator should create a pool of 'super trustees' that can be parachuted into schemes to fix problems...
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.
The adoption of consolidation among DB funds has been slow to date. Paul Murphy asks if the white paper will act as a catalyst for smaller schemes to join master trusts
The Department for Work and Pensions (DWP) has said it while believes in the benefits of consolidating defined benefit (DB) schemes, there are significant issues to overcome.
Research by Hymans Robertson predicts existing options could shrink the DB universe by four-fifths in 25 years' time. Stephanie Baxter explores its predictions