Only one quarter say Autumn Statement changes would benefit DB and DC members, XPS poll finds
Move come as consolidator prepares to conduct first transactions
Companies are increasingly looking to consolidators, superfunds and other sophisticated financial structures to help remove their defined benefit (DB) liabilities, The Pensions Regulator (TPR) says.
Pension Insurance Corporation has reiterated its call for the establishment of a new consolidation vehicle, run by a not-for-profit agency, to target smaller underfunded schemes with weak sponsors.
With the launch of an interim regime, the consolidation market is set to take off. But before superfunds begin taking on schemes, the regulator must have 'rigour and understanding' of the market, David Fairs tells James Phillips.
As an interim regime for consolidators is launched, Emma Watkins looks at how to enhance protection of members’ benefits.