TPR urged to tweak trustee remit for 600 schemes that will 'never' pay full benefits

clock

The Pensions Institute has called for urgent action after its research found one in ten defined benefit (DB) schemes would "never ever" pay benefits in full.

Its report, The greatest good for the greatest number, challenges the assumption that most underfunded schemes will ultimately be able to meet their obligations. It predicts significant numbers ...

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 Risk Reduction

Clara Pensions announces superfund deal with £210m Wates Pension Fund

Clara Pensions announces superfund deal with £210m Wates Pension Fund

Deal is first superfund transaction to be conducted with an active sponsor

Jonathan Stapleton
clock 12 December 2024 • 7 min read
Food manufacturer agrees £17m full scheme buy-in deal with Just Group

Food manufacturer agrees £17m full scheme buy-in deal with Just Group

Transaction insures the benefits of 32 pensioners and 22 deferred scheme members

Holly Roach
clock 11 December 2024 • 2 min read
Hays Pension Scheme secures £370m buy-in with PIC

Hays Pension Scheme secures £370m buy-in with PIC

Deal secures benefits of 853 pensioners and dependants and 3,368 deferred members

Holly Roach
clock 10 December 2024 • 2 min read
Trustpilot