Henry Tapper says while most IGCs are making progress, there is still a long way to go until they fulfill the promises set by the OFT.
Collective defined contribution (CDC) schemes will need clear and transparent governance frameworks, as well as effective communication strategies, to be a success, the Work and Pensions Committee (WPC) has been told.
Hilary Salt says DC is merely a savings vehicle, and argues collective DC would provide a wage in retirement more efficiently
The UK's defined benefit (DB) pension schemes were 129% funded on a 'best estimate' basis on 31 December 2017, according to First Actuarial.
All 6,000 UK schemes had a surplus of £358bn by the end of last month when calculated under a best estimate return on their assets, according to First Actuarial.
A "special" evidence hearing will be held by the Work and Pensions Committee (WPC) in order to probe "questionable approaches and unsuitable advice" given to British Steel Pension Scheme (BSPS) members
Hilary Salt says rather than designing new DB superfunds, wouldn't it be better to grow to appreciate and improve our existing superfund?
Henry Tapper says removing NDAs between operators and fund managers is a critical step in the journey towards assessing value for money
Hilary Salt says there should be room for professional judgement, otherwise there is herding around similar answers
Defined benefit (DB) schemes recorded a £295bn surplus at the end of May, according to First Actuarial's best-estimate index (FABI).
While the government moots allowing schemes to swap indices when rules are rigid, James Phillips explores whether a new index could end the debate
With one in eight DB schemes still open to new members, Michael Klimes explores the argument that they should be run differently from closed ones
This week's top stories included analysis suggesting the British Steel Pension Scheme could have a £2bn surplus, while the Treasury removed its controversial MPAA cut from the Finance Bill.
The British Steel Pension Scheme (BSPS) could have a £2bn surplus when using best estimate investment return assumptions, analysis by First Actuarial has suggested.
The upcoming general election is an opportunity to put forward a bolder pension policy says Hilary Salt.
Helen Morrissey gauges industry reaction to TPR's investment guidelines for defined benefit schemes
Defined benefit (DB) schemes increased their surplus over February when using realistic investment return assumptions, according to First Actuarial.
A union proposal for Royal Mail to create a risk sharing scheme has brought back the idea of defined ambition. Stephanie Baxter looks at how it would work and if it could set a blueprint for others
A new index hopes to demonstrate the economic case for annuities in comparison to cash ISAs, equities and drawdown, but is this really possible? James Phillips reports
There is much discussion on how consolidation will bring real benefits to schemes but Hilary Salt is not so sure.
Henry Tapper discusses the highs and lows of DB transfers.
The UK's 5,945 defined benefit (DB) schemes had a £306bn surplus under realistic investment return assumptions by the end of October, according to First Actuarial.
Marks and Spencer's (M&S) decision to close its defined benefit (DB) scheme to future accrual from April 2017 has resulted in a £127m charge.
Henry Tapper asks how an improved pension system could help with Brexit.