British Steel Pension Scheme

SPP president Hugh Nolan tells Helen Morrissey how the body can provide a truly independent voice to help the industry navigate through difficult times.

The government's consultation on a plan to reduce members' benefits in the British Steel Pension Scheme has closed. Michael Klimes looks at the industry's responses

Some of the government's proposals to change benefits at the British Steel Pension Scheme (BSPS) involve "significant risks for relatively limited gains" according to the Pensions Protection Fund (PPF).

While moving to CPI indexation can significantly reduce scheme liabilities, it can make buy-ins and buyouts more expensive. Kristian Brunt-Seymour finds pricing has slightly improved but still has a long way to go

Reducing British Steel members' pension increases will protect the Pension Protection Fund (PPF) by delaying entry by at least ten years, according to the scheme's trustee.

The debate over whether schemes should be able to change statutory pension increases from RPI to CPI continues with calls for a statutory override to be put in place. Kristian Brunt-Seymour considers its feasibility

The top stories this week were the Pension Scheme of the Year Award shortlist, the potential effects of the British Steel inflation rule change and BHS.

Allowing the British Steel scheme to ditch RPI for statutory minimum levels could lead to big losses for older members and create a loophole for other DB schemes, writes Stephanie Baxter.

The first six months of 2016 has been a whirlwind time for the pensions industry. The Association of Consulting Actuaries' incoming chair tells Kristian Brunt-Seymour about the policy changes he would like to see.

The most popular stories were plans to slash the British Steel Pension Scheme's liabilities, the launch of an inquiry into the whole DB universe, and how Brexit could reduce the state pension.