EU

Most respondents in this week's Pensions Buzz think allowing people to use pensions to buy homes is a bad idea.

This week we want to know if people should be able to use their pensions to buy homes and if fears that NEST will become a monopoly are justified.

The 350 largest UK listed companies could see their 2017 profits fall by £2bn as the cost of new defined benefit (DB) scheme benefits rises.

Trustees need to seize the chance to have proper discussions about changing the discount rate they use to measure liabilities in wake of Brexit, says Bill Trythall.

John Lewis Partnership's defined benefit (DB) deficit has increased to £1.5bn as the company reveals a 15% profit fall for the second half of the year.

The pensions minister has confirmed the government hopes "to make an announcement shortly" on implementing changes to the Pension Protection Fund (PPF) compensation cap, after several delays.

HM Revenue and Customs (HMRC) has further delayed the implementation of rules on value-added tax (VAT) reclaims for defined benefit (DB) schemes until December 2017.

Plastic manufacturer Carclo has warned it might not be able to pay its last dividend of the year due to a rising pension deficit since Brexit.

More than 100,000 people have signed a parliamentary petition to demand the government re-consider proposed changes to the Local Government Pension Scheme (LGPS) investment regulations.

Any surplus funds the Pension Protection Fund (PPF) accumulates should not be returned to the levy payers who provided them, according to almost 60% of respondents.