The ACA and Royal London have published a joint policy paper on a 'radically simplified' DB structure. Kim Kaveh looks at the proposals.
The combined funding level decreased by just over four percentage points by the end of last month to 93.6%, according to the Pension Protection Fund's (PPF) latest update.
The High Court ruling on guaranteed minimum pension (GMP) equalisation may have said various methods were possible but, in practice, schemes will find it fairly easy to implement, legal experts say.
Thousands of defined benefit (DB) schemes will be forced to amend their scheme rules and equalise guaranteed minimum pensions (GMPs) between men and women, the High Court has ruled.
A potentially landmark case has been launched in the High Court as Lloyds Bank seeks guidance on how to address equalisation of guaranteed minimum pensions (GMPs).
The Department for Work and Pensions (DWP) has launched a consultation to clarify how the Pension Protection Fund (PPF) should treat transferred-in defined benefit (DB) entitlements when calculating compensation.
A damning report on the pre-sale audit of BHS is set to be published after the High Court last week refused to meet Sir Philip Green's wish to gag the Financial Reporting Council (FRC).
The High Court has wound up six pension and finance companies after they were found to have abused millions of pounds of people's savings.
This week's top stories included IC Select's launch of a fiduciary management performance standard, and the High Court ruling that trustees can recover pension overpayments without a time limit.
The High Court has ruled that there is no statutory limitation period in which to recover pension overpayments under a defined benefit (DB) scheme, as long as this is by adjusting future payments.