WPC

A new pensions secretary and the WPC launches inquiry into DB schemes and LDI

The committee will look at the impact on DB schemes of the recent volatility in gilt yields

Regulator says current issues were primarily about short term pressure on liquidity

The WPC has urged the government to uprate benefits in 2023 in line with the 2022 CPI rate

WPC chair asks TPR if it should have taken stronger action

Committee of MPs also calls for establishment of new office to report on pensions adequacy

CWS partner Dominic Harris expected to take over from Anthony Arter

Former pensions ministers and policy experts quizzed by the WPC

Orders and honours handed out over the weekend during the Queen’s Platinum Jubilee

The regulators say there will be a continuing desire for industry feedback