There are increasing calls to review the process for regulated apportionment arrangements, which are still rare. Stephanie Baxter explores the rationale for a more flexible framework.
Frank Field MP has written to The Pensions Regulator (TPR) seeking information about how members' benefits will be safeguarded in the new British Steel Pension Scheme (BSPS).
The Department for Work and Pensions (DWP) is planning to increase the Financial Assistance Scheme's (FAS's) compensation cap for members with more than 20 years' service.
Paul Masterton MP disagrees there is no affordability problem in DB schemes, and calls for a statutory override to allow trustees to switch to CPI
The combined deficit of the UK's defined benefit (DB) schemes rose by £40bn over August, according to the Pension Protection Fund's (PPF) latest index.
A regulated apportionment arrangement (RAA) has been conducted for the British Steel Pension Scheme (BSPS) after no appeals were lodged since it was agreed in principle last month.
The Department for Work and Pensions (DWP) is consulting to resolve an "anomaly" where recipients of bridging pensions who enter the Pension Protection Fund (PPF) receive a higher rate of compensation for the rest of their life.
The Pension Protection Fund (PPF) has called on widows and widowers in same-sex marriages or civil partnerships to check whether they are receiving their full survivor entitlement from the lifeboat fund.
Peter Laurence has been appointed to a newly-created role at Trafalgar House to expand the business.
Industry says as professionals, punishment should be given due to their level of expertise.