Union pressures TPR to address scheme valuations

clock

Prospect has written to the government to demand action on scheme valuations after the Bank of England announced a third wave of quantitative easing.

The union's general secretary Paul Noon urged Steve Webb to push The Pensions Regulator to issue guidance on how to factor low gilt yields into triennial valuations. He said: "We believe this wo...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

PPF levy decision delay sparks hope of charge reduction or abolition

PPF levy decision delay sparks hope of charge reduction or abolition

Industry argues ‘multi-billion’ surplus means levy is no longer needed

Jonathan Stapleton
clock 13 December 2024 • 5 min read
Partner Insight: Investing in your risk settlement investment advice

Partner Insight: Investing in your risk settlement investment advice

Hatty Goodwin, Associate Partner, Aon
clock 13 December 2024 • 4 min read
Partner Insight: Protecting trustees after wind-up

Partner Insight: Protecting trustees after wind-up

Susannah Calder, Partner, Aon
clock 11 December 2024 • 5 min read
Trustpilot