Proposals could give flexibility for the sponsors of smaller and struggling schemes
Government will need to pay almost £30bn a year in 2023, 2024 and 2025
Pensions minister said LDIs ‘have their place’ but warned changes are needed going forward
‘Some rowing back’ may happen as framework is taken apart
Industry letter to the Treasury calls for MPAA to be increased from £4,000 to £10,000
Michael Abramson says do not expect dramatic changes to the buy-in and buyout market
Solvency II reform package set out, and parliament approves dashboard regulations
2021 measure to freeze LTA set to raise twice as much for HMT as originally thought
Autumn Budget will now take place on 17 November
The resignation of the pensions minister has continued the mass Tory exodus