Regulations from the government set out plans to remove protections for UK DB schemes hit by an EU employer insolvency. James Phillips explores the details.
Just under two-thirds of trustees have taken action to prepare for the impact of any Brexit outcome on their sponsor covenant and investments, Hymans Robertson research finds.
Marc Hommel says some employers are insufficiently prepared to engage their trustees on how they intend to manage liquidity and other adverse aspects resulting from Brexit
UK pension schemes have been asked to participate in a European-wide stress test despite the departure from the European Union being expected imminently.
One third of schemes have calculated transfer values for guaranteed minimum pension (GMP) equalisation, according to last week's Pensions Buzz respondents.
Steve Webb says the sooner government as a whole, and HMRC in particular, has the bandwidth to return to the domestic agenda, the better it will be
Inflation in the UK rose slightly in February to 1.9% on the back of higher food prices, according to the Office for National Statistics (ONS).
Concern about the potential impact on employer covenants has been rated the top risk for defined benefit (DB) schemes, according to a PTL survey.
Collective defined contribution (CDC) provision will be introduced slowly, starting specifically with a Royal Mail scheme and then rolling it out more widely, the government has confirmed.
This week's top stories included warnings that defined benefit (DB) transfers could become more difficult for trustees to process after regulatory register changes.