Regulator reveals 74% of DB schemes are now closed to future accrual with just over 5,000 schemes remaining
Solution will provide ‘secure and compliant’ way to deploy surplus capital
Isio says buy-ins have more than doubled year-on-year
Simplified investment strategies mean smaller schemes face nearly twice the risk of negative performance
Schemes and insurers providing more digital tools, financial advice and benefit flexibilities
Firm said it will help schemes establish plan for run-on as they face ‘constantly shifting regulatory landscape’
Government confirms it will consider PPF compensation changes and consult on trusteeship, accreditation and governance
Broadstone says employer contributions needed to plug scheme shortfalls have ‘plummeted’
Conference session reminds attendees of the importance of DB schemes for member benefits
The firm said the market has seen ‘changing dynamics’ in response to pressure on fees and profits