NAPF urges action to help schemes manage DB run-off

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The government must take immediate action to help trustees and sponsors of maturing defined benefit (DB) schemes manage the run-off of liabilities, says the National association of Pension Funds (NAPF).

In a report launched yesterday, the organisation urged the government to issue more index-linked gilts and develop a framework that allows for more flexible DB models. It also called an increase in...

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