Treasury

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