Partnership aims to support individuals by turning ‘pots into pensions’
Regulator considers if it can support Pension SuperHaven style solutions for DC savers
Former British Steel workers will be able to ‘reverse transfer’ their pots into a DB scheme
Lady Tina Green has agreed to pay a £50m deficit recovery contribution (DRC) to Arcadia’s pension schemes earlier than scheduled.
The Pension SuperFund co-founder Edi Truell responds to PIC’s call for a consolidator to take on smaller underfunded schemes.
Bank of England (BoE) governor Andrew Bailey is understood to have warned against superfund consolidation of defined benefit (DB) pension schemes less than a week after the entities were given the green light by The Pensions Regulator (TPR).
Any surplus generated by The Pension Superfund will be shared between members and the defined benefit (DB) consolidator's capital providers, Alan Rubenstein has said.
Defined benefit (DB) schemes are to be offered a new consolidator as the former chief of the Pension Protection Fund (PPF) launches 'The Pension SuperFund'.
London Pension Fund Authority (LPFA) chairman Edi Truell is to step down to take up a position advising London Mayor Boris Johnson on pensions.