The Pensions Regulator is placing "unnecessary pressure" on defined benefit pension schemes by suggesting it would use long cohort mortality projections for future regulatory scrutiny, according to the National Association of Pension Funds (NAPF).
Changes in defined benefit (DB) pension provision could open opportunities for investment managers, according to Threadneedle.
A pension scheme ‘confederation' offering to take closed defined benefit (DB) pensions off the balance sheets of companies launches today.
Infinity Mortgages and Unity Mortgages have announced the urgent withdrawal of their entire product ranges as the US sub-prime credit crisis continues to affect the UK.
At least one large company with a defined benefit scheme is considering reopening the pension but on a risk-sharing basis, claims the Pensions Regulator.
The Pensions Regulator is planning to issue a series of questions which trustees should ask advisers to determine the suitability of advice and how to manage conflicts of interest.
The design of the default fund should be the most important focus for personal accounts, according to experts, as 94% of members in defined contribution schemes left their money in the default fund last year despite an increase in fund choices.
The Actuarial Profession is lobbying the government and Pensions Regulator to take action over the issue of cash commutation in defined benefit pension schemes.
The Pensions Regulator has issued a warning and issued new guidance against the use of inducements in transferring scheme members out of DB schemes.
The government has announced regulations relating to the calculation of transfer values for defined benefit schemes will not come into force until April 2008.