Comes after the chancellor asked pension schemes to ignite an ‘investment big bang’
Equal survivor benefits will be paid in the future and backdated them to December 2005
Commitment to triple lock leads quiet mini-budget for pensions
Collective defined contribution (CDC) savers should be allowed to access pension freedoms when the scheme is rolled out, last week's Pensions Buzz respondents said.
This week's top stories included warnings that defined benefit (DB) transfers could become more difficult for trustees to process after regulatory register changes.
Philip Hammond's Spring Statement was empty of any direct pension news as the Treasury sought to avoid major policy announcements.
The Spring Statement is likely to be overshadowed by Brexit but there is still much to do in pensions. Kim Kaveh and Holly Roach take a look at the industry's wishlist.
Universities Superannuation Scheme (USS) members should be responsible for most of the cost of increased contributions if the scheme's defined benefit (DB) section remains open to accrual, Pensions Buzz respondents say.
This week's top stories included coverage of the ongoing Universities Superannuation Scheme (USS) saga, where members rejected a negotiated deal between their union and the employers.
In this week's Pensions Buzz survey, we want to know whether members or employers should bear more of the cost if contributions are raised in the Universities Superannuation Scheme if it remains open to future accrual.