The Pensions Regulator (TPR) has published guidance on integrated risk management that advisers say will serve as a "wake-up call" to trustees of defined benefit (DB) schemes.
Top stories on PP this week include a boat builder not paying three months of contributions and unions rejecting a proposal from United Utilities to shut a DB scheme
Active membership of defined benefit (DB) schemes has remained stable in the last year dropping by just 3.4% according to the Purple Book.
Fewer than ten life companies will have conquered the market by 2020
Trustees and their advisers can do little to plug deficits of defined benefit (DB) schemes in the face of market forces which are beyond their control, says Andrew Warwick-Thompson.
Sackers has recruited Alasdair Blackshaw as an associate, taking the firm's total number of lawyers to 51.
Regulator code aims to simplify legislation for trustees
Top stories online this week include the Autumn Statement, an updated code of conduct for defined contribution schemes, and a first bulk annuity deal for Scottish Widows.
Trustees hold more power cards than before
The Pensions Regulator (TPR) has published a new draft defined contribution (DC) code for consultation in a bid to raise standards of governance and administration.