The Pension Protection Fund (PPF) has opened a consultation on its proposal to call for out of cycle valuations following changes to the definition of money purchase benefits.
Chairman of the Association of Consulting Actuaries (ACA) Andrew Vaughan says transfers from defined benefit (DB) to defined contribution (DC) schemes should not be blocked.
Tony Attubato of TPAS shares his experience
Enabling transfers from defined benefit (DB) to defined contribution (DC) schemes post Budget opens up a "huge continuum of potential outcomes" for DB schemes according to TPR's Stephen Soper.
The Pensions Regulator's (TPR) defined benefit code of practice will be published on 10 June according to interim chief executive Stephen Soper.
Pension industry bodies have expressed "serious concern" over the timing of the defined contribution (DC) charge cap proposed by the Department for Work and Pensions' (DWP).
Spence and Partners has appointed Michael Spink as lead defined contribution (DC) consultant.
Defined contribution (DC) savers who intend to manage their own pension pot in retirement are unwilling to pay for regular advice, according to research from Hymans Roberston.
Why schemes are reluctant to move away from developed equities
Respondents to PP research firmly rejected suggestions that people should stop thinking of pensions as providing an income for life.