DWP

The Pensions Regulator (TPR) must be given more targeted powers but maintain flexibility around defined benefit (DB) scheme funding, concludes a survey by the Association of Consulting Actuaries (ACA).

Simon Eagle of Willis Towers Watson says that, based on his work for Royal Mail, well-designed collective defined contribution (CDC) funds would be viable for some other UK employers too.

A "substantial" parliamentary bill acting as a "roadmap" for the long-term future of private pensions will lead to a "significant period of calm", Guy Opperman has promised.

The government is seeking ways to ensure "parity" of compensation treatment between Financial Assistance Scheme (FAS) members from solvent and insolvent schemes.

The government is "in daily contact" with industry figures over the pensions dashboard as it prepares for the roll-out and its feasibility report, Guy Opperman has said.

The government is aiming to legislate for the pensions dashboard, defined benefit (DB) reform, and collective defined contribution (CDC) schemes next year, Guy Opperman has said.

With the High Court's judgment expected imminently, Victoria Ticha examines the possible outcomes and what it could mean for schemes

Esther McVey has reiterated the government's support for an industry-led pensions dashboard as she praised the success of auto-enrolment (AE).

This week's top story was British Airways' Airways Pension Scheme completing a £4.4bn buy-in with Legal & General, the market's largest ever single transaction, making 2018 a record year for bulk annuities.

Pensions minister Guy Opperman says the new master trust regulations are vital to protect the pensions saving revolution of auto-enrolment.