LCP says the regulations are ‘unnecessarily rigid’ and urged the DWP to rewrite them
The changes will also make pension projections more reliable for dashboards
DC schemes could exclude them from the cap if it’s in the members’ best interests
Guidance tells trustees what needs to be included in climate change reports to comply with legislation
DWP urged to boost collaboration and stability to ensure legislation is accomplished
She replaces Thérèse Coffey who becomes health secretary and deputy PM
Amended rules risk forcing sponsors into ‘one-size-fits-all straitjacket’
Funding levels steady and in surplus but liabilities up amid rising inflation expectations
Analysis of DWP data found 1.2 million eligible employees miss out on pension savings
CDC schemes have opened for applications offering an alternative to DB and DC models