In the first in our series examining the WPC’s recommendations on DB regulation, we discuss the proposals to impose a ‘nuclear deterrent’ fine on culpable employers.
The Work and Pensions Committee (WPC) recently published a list of recommendations for consultation in the Government’s Green Paper due in early 2017 to address perceived flaws in the regulation of defined benefit (DB) schemes. In a series of blog posts, we will discuss the key challenges and benefits for each recommendation in detail. For now, let’s look at the highlights…
A decision by the ONS to replace CPI with CPIH as its preferred measure of inflation could have implications for UK pension schemes. We outline the possible impact on pension increases and investments.
The Pensions Regulator has published new guidance for trustees on monitoring and assessing the employer covenant. This practical resource will help trustees understand the support given by employers to their pension schemes.
The Pensions Regulator has published a consultation on guidance for trustees of defined benefit schemes regarding member requests for transfers from DB to defined contribution schemes from 6 April 2015.