22nd March 2021

Seismic shift coming to DB consolidation

Featured in Pension Expert

This past year has made international comparisons the norm, throwing the different approaches — financial support through to restrictions — of countries into the spotlight. 

The strain on businesses is a central part of that, and the Pension Protection Fund confirmed in January that it will be adopting a year-by-year approach to setting the levy rules, to give it additional flexibility to respond to the impact of Covid-19 on sponsors as much remains uncertain at the present time.

So what can the UK take from other countries when it comes to defined benefit consolidation?

Read the full article on Pension Expert