Defined contribution schemes have been hit by waves of regulation but what are the costs? Michael Klimes tries to find out
Tax relief on pensions will be further restricted and a future government could consider the nationalisation of NEST and PPF assets, a panel of experts believes.
The Carillion Defined Benefit (DB) Pension Trustee has agreed a longevity swap with Deutsche Bank covering £1bn of liabilities within its five schemes.
Former chairman of the National Association of Pension Funds Robin Ellison has launched a group to help pension funds and investment managers recover their "fair share" of security class actions.
Regulation is pushing trustees into bad investment decisions and causing confrontations with employers, delegates heard.
The tone of industry regulators is "aggressive and confrontational" rather than being collegiate with the industry, a lawyer says.
A £650m government loan facility for the National Employment Savings Trust will be "unrecoverable" as the agreement allows the terms of the loan to be renegotiated, a lawyer says.
The government's probe into allowing early access was a political rather than practical move and the Treasury knew the idea would be rejected, a lawyer claims.
Work and Pensions secretary Iain Duncan Smith has laid out plans for basic state pension reform in a bid to create a "state pensions system fit for a 21st century welfare system".