The government's white paper on defined benefit (DB) sustainability may include a heavy focus on scheme consolidation, benefit simplification and The Pensions Regulator's (TPR) powers, a senior civil servant has hinted.
The PLSA's DB taskforce has released more details about its suggested scheme consolidation route, but questions remain about how it would work in practice. James Phillips reports
Consolidating defined benefit (DB) schemes could give members greater security and lead to more affordable benefits, the Pensions and Lifetime Savings Association's (PLSA) taskforce has said.
Helen Morrissey spoke to DB Taskforce chairman Ashok Gupta at the recent PLSA Investment Conference about industry reaction to its recent report
The PLSA's DB taskforce has suggested employers should be able to offload their DB scheme into merged 'superfunds'. James Phillips explores the idea.