Social insurance model said to have ‘generated considerable interest’ with government
Advisers say schemes unlikely to wait for DWP consultation before making a move
LCP research finds 60% say potential for sponsor refunds should factor into scheme strategy
TPR focusses on UK growth, L&G job cuts, PRT results, and IFoA guided retirement warning
Total value withdrawn has jumped from £53.6m in 2023/24 to £91.2m in 2025/26
LCP says early preparation will help employers navigate the transition
Consultants expects market capacity to increase following insurer acquisitions
LCP report shows professional trustees oversee £1trn of DB scheme assets
Regulator report shows 67% of schemes reported a surplus, up from 39% three years ago
Rise means the new full state pension will now exceed the personal allowance