How covenant advice has evolved since the Pensions Act 2004
Jonathan Stapleton says the Pension Schemes Bill is the latest in a long line of well-meaning legislation that makes it more difficult for employers to offer good schemes to their staff
In the second feature of a three-part series, Iain Clacher and Con Keating look back at the UK’s defined benefit universe, exploring how the Maxwell scandal impacted scheme funding regulations.
There is a lack of clarity over DB funding targets. Adolfo Aponte says more transparency in this area could have significant benefits.
Defined benefit (DB) 'superfund' consolidators will not take off, according to 52% of this week's Pensions Buzz respondents.
The DB white paper sets out plans to review the funding regime, with 'prudent' and 'appropriate' possibly redefined. But James Phillips asks if this could this signal a return to an MFR-like approach