Although the £14billion in Pension Protection Fund (PPF) reserves represents a significant opportunity, it also carries a responsibility to safeguard the PPF’s core mission. Striking the right balance between prudence and innovation will be critical as policymakers consider how the PPF can evolve from a “lifeboat” into a broader legacy institution for the UK pensions system. This paper explores how this could be achieved.
A comprehensive analysis of the DB Investment ecosystem in the UK reflecting on SPP’s Vision 2030 paper, DB investment developments, trends and their likely impact.
Tags: DB, Defined Benefit, investment, pension, Pensions,
This wide-ranging paper on the topical issue of surplus release from DB pension schemes explores what constitutes a surplus, when releasing surplus may and may not be appropriate, the benefits and risks for members and employers, investment and governance issues, and the wider consequences for the DB pensions landscape.
This SPP paper explores the case for policies that will enable collective schemes, including DB and CDC, to thrive in the decades to come.
This informational paper examines the impact on UK pensions of Donald Trump’s recently announced plans to introduce new import taxes on goods from almost every country.
Many who are saving in a UK pension, and those already in receipt of a UK pension, are likely to ask how such events may affect them. This SPP paper utilises the diverse expertise of its membership for the public good and highlights that reactive changes to pensions and other savings are generally not ideal compared with keeping a cool head and planning carefully.
Tags: DB, DC, investment, UK pension schemes,
This short paper sheds light on the various potential risks and opportunities by “busting” some of the myths along each stage of a scheme’s funding and investment strategy journey, with a view to making life under the new DB Funding regime as smooth as possible for all involved parties.
Tags: covenant, DB, employer covenant, investment, UK pension schemes,
This SPP report acknowledges the rationale for reducing pensions tax relief to make savings for the Treasury; highlights that the true cost of pensions tax relief is considerably smaller than headline figures; details some of the consequences of shifting to a single rate of pensions tax relief; and examines various alternatives.
Tags: DB, DC, Pensions, pensions tax relief, Tax, tax relief, UK pension schemes,
The SPP's practical guide to the new DB funding regime.
Tags: DB, FUNDING, funding regime, Pensions, regulation, The Pensions Regulator,