As the health of UK defined benefit schemes improves, is the Pension Protection Fund still needed to solve a DB crisis, asks Broadstone’s technical director David Brooks.
Lifetime allowance freeze reopens debate on its relevance
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March 8, 2021
Broadstone technical director David Brooks analyses the pension announcements made by chancellor Rishi Sunak in the Budget, and questions what is the purpose of the lifetime allowance.
Politicians should keep the faith in inertia
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October 18, 2017
A whistle-stop roundup of pensions at the political parties' annual conferences and a recommendation to stick with the power of inertia for the self-employed, courtesy of Broadstone's David Brooks.
How to address intergenerational unfairness in pensions
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April 26, 2017
Employers and trustees must work together to create a fairer future for tomorrow's pensioners, says Broadstone's David Brook
The battle for members’ pensions
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November 28, 2016
From the blog: Battle lines are being drawn and two sides are developing on how past pension promises should be managed.
The argument is that we exist in a period of crisis within the defined benefit universe, which is a significant drag on UK plc.
Many schemes have the retail price index hardcoded into their rules, although RPI is now a junk statistic that, one gets the sense, is being produced under duress by the Office for National Statistics.