Steve Hodder

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

Industry says clarity needed and regulations must be as practical as possible

Minister says transaction complied with rules in a way not anticipated when they were set

Jon Yarker looks at what sustained high transaction volumes mean for the industry

Deal will see Aberdeen receiving a minority share of any surplus generated

Measure will make it easier for trustees and employers to agree surplus extraction

Analysis finds run-on could benefit schemes sponsors and members if risk managed well

DWP commended for avoiding ‘unnecessary layers of caution’ in its plans

While buyout is still viewed as a gold-standard, many are now considering run-on as an option