WPC

Parliamentary committee hears that trustee regulation could ‘lift the bar’ in terms of TKU

WPC inquiry into DB pensions with LDI and most professional trustees plan to step down

Actuaries call for guidance to make it clear what appropriate levels of LDI leverage are

Parliamentary committee hears that liquidity crisis was a ‘predictable’ risk

A new pensions secretary and the WPC launches inquiry into DB schemes and LDI

The committee will look at the impact on DB schemes of the recent volatility in gilt yields

Regulator says current issues were primarily about short term pressure on liquidity

The WPC has urged the government to uprate benefits in 2023 in line with the 2022 CPI rate

WPC chair asks TPR if it should have taken stronger action

Committee of MPs also calls for establishment of new office to report on pensions adequacy