Sources tell Sky News and FT the move could unlock more than £60bn held in DB schemes
Consultation looks at building scale, DC investment in the UK and innovation including the lifetime pot
LCP says alternative approach would deliver better results more quickly for government
DC megafunds will lead to ‘massive’ cost and disruption and may fail to deliver stated aims
Lou Davey says partnership essential to avoid unintended consequences
Barnett Waddingham’s DB End Gauge Index finds surplus funds could unlock £45bn of value
November shows aggregate surplus at around £211bn, with a record 117% funding level
PP survey finds industry mainly welcomes government’s proposals to consolidate LGPS
PP survey finds industry split on DC consolidation proposal unveiled in Mansion House speech
Group will provide trustees a forum to ‘interact and provide mutual support’