Most of the industry believes employers are unlikely to absorb the increase in national insurance contributions, according to PP research.
DB is to become more costly under reforms to NI contributions. PP looks at the options for sponsors.
The biggest stories this week were backlash over Bentley's plans to pass NI costs onto DB members, Rothesay Life buying two-thirds of Aegon's bulk annuity book, and speculation over the future of the British Steel scheme.
Bentley Motors has been criticised over plans to pass £1.4m of national insurance (NI) costs onto the 1,300 members of its defined benefit (DB) pension scheme.
Royal Bank of Scotland (RBS) has received backlash over plans to pass £18m of national insurance (NI) costs onto its 27,000 defined benefit (DB) scheme members.
As the Chancellor presents his Budget today, PP looks at what could come up for pensions.
Data cleansing is an increasingly important step in the path to bulk annuities especially with growth in medical underwriting. Kristian Brunt Seymour explores how it can benefit schemes.
MPs have criticised the Department of Work and Pensions (DWP) over its communication of pension reforms and called for urgent changes to the information being sent to people approaching retirement.
The Office of Tax Simplification (OTS) is launching its consultation into the closer alignment of income tax and national insurance contributions (NICs).
Use of EBTs amounted to 'redirection of earnings' and therefore subject to tax, court decrees