Page 76 - Defined Benefit News Today

The Financial Conduct Authority (FCA) has set out its plans for a British Steel Pension Scheme (BSPS) redress plan totalling £71.2m.

The government says it is working “closely” with the financial regulator to address concerns about soaring costs of pension transfer advice. What are the key issues for those considering a transfer and what are the solutions?

When it comes to retirement planning, often attention is paid to inflat...

Our annual Fiscal Outlook publication gives our office’s independent assessment of the California state budget condition for the upcoming fiscal year and over the longer term. In this report, we anticipate the state will have a $31 billion surplus to allocate in the upcoming fiscal year and operating surpluses ranging from $3 billion to $8 billion over the multiyear period. We also find the state will need to allocate about $14 billion to meet the constitutional requirements of the State Appro...

Zoi Fletcher speaks to Simon Robinson, director of product management at Moody’s Analytics, about how the industry and DB pension schemes are responding to the

On February 24, 2022, the Internal Revenue Service (IRS) issued the long-awaited proposed rule ("Proposed Rule"), which addressed, in large part, the changes to required minimum distribution ("RMD") rules...

The government has already turned down a proposal for the establishment of a pension fund.

In this article, I’m going to tell you about a gentleman who, until very recently was the vice president of a pharmaceutical giant. He earned a big six-fi...

In this article, I’m going to tell you about a gentleman who, until very recently was the vice president of a pharmaceutical giant. He earned a big six-fi...

In this article, I’m going to tell you about a gentleman who, until very recently was the vice president of a pharmaceutical giant. He earned a big six-fi...