Actuaries call for guidance to make it clear what appropriate levels of LDI leverage are
The BoE raised interest rates to 3% in the biggest single increase in 33 years
High inflation could be positive news for schemes with caps in place
LCP says the regulations are ‘unnecessarily rigid’ and urged the DWP to rewrite them
Amended rules risk forcing sponsors into ‘one-size-fits-all straitjacket’
A round up of the industry’s comments on the DWP’s proposals for new rules on DB funding
Schemes and sponsors urged to establish clear audit trails around any decisions
Information request to FCA reveals ‘dramatic difference’ in client decisions
The Pensions Regulator (TPR) is “pulling out all the stops” to help struggling employers during the Covid-19 crisis, although latest guidance may put trustees in a “challenging” position, the industry says.
There needs to be wider access to partial transfers out of defined benefit (DB) schemes, according to a joint paper published by Royal London and Lane Clark & Peacock (LCP).