Mastertrusts will be subject to new restrictions on governance and financial stability, along with penalties for failure to supply adequate information, under rules set out in the pension schemes bill yesterday.
The trustees of the Nortel UK pension scheme edged closer to repairing its deficit last week as they reached a consensus with other stakeholders and creditors on how to divide their insolvent sponsor’s residual assets.
PLSA Annual Conference 2016: Defined benefit pension schemes should look at whether they can stomach additional investment risk to minimise employer solvency risks, the chair of the DB Taskforce said on Thursday.
Proposed reforms to create a secondary annuity market have been abandoned due to concerns about consumer protection and value for money.
The Oxford University Press pension scheme has volunteered to take part in the Cabinet Office’s National Fraud Initiative data matching exercise to help detect and prevent benefit fraud.
Pensions minister Richard Harrington laid out his intentions for the pensions industry today, speaking at the Pensions and Lifetime Savings Association’s annual conference in Liverpool.
Comment & Analysis
Editorial: The efforts made to outdo each other with yet another game, more champagne or an enormous plastic animal at the stand have reached a new level at the Pensions and Lifetime Savings Association’s Annual Conference this year.
In an interview with Pensions Expert, chief executive of the Pensions Regulator Lesley Titcomb gives her views on why the regulator needs greater powers, where scheme consolidation makes most sense, and why the debate around defined benefit should not be had in isolation.
The Local Pensions Partnership's Susan Martin argues that pooling is not just for local authority pension schemes.
Video: As the Bank of England has cut rates and launched into a new round of quantitative easing, what are the effects on pension schemes and where can they seek cover? Aon Hewitt partner Lynda Whitney gives answers.
Video: Jay Shah, head of origination at specialist insurer Pension Insurance Corporation, and Susan Anyan, client director at professional trustee company Capital Cranfield, break down the impact of Brexit on schemes' ability and desire to derisk.
Video: The UK's vote to leave the EU is having a major impact on markets and has created legal uncertainties. Partner at Allen & Overy Jane Higgins, and senior partner at Aon Hewitt John Belgrove, explain what schemes can do to position themselves well.