Industry figures have cautiously welcomed the publication of new guidance for trust-based defined contribution schemes from The Pensions Regulator, but expressed disappointment that it does not focus on contract-based schemes.
The Pension Protection Fund has bowed to pressure and increased next year's levy estimate by 15% instead of the 25% hike feared by some analysts.
The Pension Protection Fund levy and discount rates used to calculate scheme liabilities are under review, pensions minister Steve Webb has revealed.
The government must address "artificially high deficit figures" and a potential "significant" hike in Pension Protection Fund levies, the CBI says.
Rachel Dalton examines the industry response to the guidance.
After weeks of pre-Budget rumours, a cut to the annual allowance has emerged as the "strong favourite" to be announced by the Chancellor.
Jack Jones reports on Europe's plans for UK pensions