In our view, the big economic fear must surely be the other two horsemen of the financial apocalypse… unemployment and inflation. Why have we heard so little about the latter? If you look beyond the broadsheets, some worries about inflation can be detected.
Posts for pension updates, insights and blogs
Please be assured that we are keeping calm, following the guidelines, and fully expect business to continue as usual, despite planning for the worst.
The Pensions Regulator is proposing changes to the framework for pension scheme funding, including requiring trustees to set a long term objective and a journey plan intended to achieve this. Trustees will be able to select from a "fast track" or bespoke approach.
New powers proposed in the Pensions Bill 2020 will create new criminal offences related to pensions, and make other powers easier for TPR to enforce. We explain the implications for pension schemes.
A change to the PPF’s insolvency risk partner could result in changes to PPF levies for some schemes. We explain how employers can mitigate any worsening in their levy scores.
Changes are afoot in the way RPI is calculated which could for some schemes have a considerable impact on liabilities. Our bulletin deals with some of the whys and wherefores.