News

This week's top stories included the Department for Work and Pensions issuing two separate consultations on the pensions dashboard and defined benefit consolidation.

A regime similar to that for defined contribution (DC) master trusts will be set up for regulating defined benefit (DB) consolidators under plans announced today.

Defined benefit (DB) superfunds that wish to enter the market must talk to The Pensions Regulator (TPR) about their plans before opening for business.

Work and Pensions Committee (WPC) chairman Frank Field has pressed The Pensions Regulator (TPR) to promptly announce if it will take any action on Johnston Press.

Deliveroo riders have been denied pension rights in a gig economy case which has swung against the outcomes of a series of similar court battles.

The Pensions and Lifetime Savings Association (PLSA) has launched a guide for trustees on investing in patient capital and other illiquid investments.

The London Borough of Tower Hamlets Pension Fund has purchased protection for around £700m of equities in the run-up to its March 2019 triennial valuation.

This week's 103 Pensions Buzz respondents were equally split on whether the Department for Work and Pensions (DWP) is right to launch the dashboard on a voluntary participation basis, as was announced on Monday.

The industry has welcomed the Department for Work and Pensions' (DWP) feasibility report into the pensions dashboard as a move towards improving member outcomes.

Some 87% of master trusts support future collaborative efforts to overcome barriers to good service delivery, the Pensions Management Institute (PMI) says.