We are pleased to present the results of our eighth survey of the assumptions adopted by UK universities for determining the value of their pension liabilities for accounting purposes.
This briefing note looks at the key messages of the funding statement. Key areas covered include balancing risks, DRCs vs dividends and what the expectations of the TPR are.
The new Master Trust Authorisation legislation aims to improve the standards for master trust schemes. However, some multi-employer schemes will not appreciate that they are a master trust and that they will have to comply with the new standards.
Pension consolidation is a broad concept, ranging from simplifying a scheme’s governance structure, to merging with other schemes to take advantage of economies of scale.
The High Court has published its judgement in the case of Lloyds Banking Group Pension Trustees Limited vs Lloyds Bank plc (and others).
Our latest news on pensions and other business risks in the Charities and Not-for-Profit sector.
What does TPR mean by “contingency planning” for DB schemes and what should trustees be doing?
Our recent survey suggested that trustees are engaged with TPR guidance but are still getting to grips with how to implement risk management. We discuss some of the key challenges DB schemes face and how good risk management can help meet them.
Our latest edition of Current Pensions Issues includes an overview of TPR's Annual Funding Statement, Conservative manifesto policies following the snap general election, as well as the latest news on the PPF levy.
The latest edition of Current Pensions Issues includes an overview of the DWP's Green paper on security and sustainability in DB schemes, The DWP's consultation on a proposed method for equalising GMPs, as well as the latest news from TRP and the PPF.