Jonathan Stapleton says now the DWP has given the project the green light to proceed, it is now up to the industry to make sure it happens.
Two consultancies have reported decreases in defined benefit (DB) transfer quotation requests in Q3, and said guaranteed minimum pension (GMP) equalisation could impact transfer activity.
The pension insurance market could be set for another record-breaking next year as schemes are already "in the queue" for deals at the start of next year, says Hymans Robertson.
Defined benefit (DB) consolidator Clara has named its four inaugural providers for legal, actuarial and secretariat advice.
The industry has broadly welcomed the Department for Work and Pensions' consultation on collective defined contribution (CDC) as a move towards improving retirement outcomes.
Motoring giant Ford has agreed to offer members of its UK defined benefit (DB) scheme the right to partially transfer their pension.
Hymans Robertson has promoted Mark Jaffray to head of its defined contribution (DC) consultancy business.
The Pensions Regulator (TPR) should reveal the names of master trusts that will not apply for authorisation and take a measured approach, industry experts have said.
Jonathan Stapleton asks how the combination of improved scheme funding and better insurer pricing could drive a resurgence in the take-up of full insurance buyouts.
Jonathan Stapleton says while the new rules will ensure master trusts are well run and have good systems, they won't necessarily ensure members are in the best schemes