Pension reform in defined benefits will invest in a limited British investment, authorities warn

Be informed with free updates

Simply register Retirement Myft Digest – Delivered directly to your box.

Only 5 percent of 160 billion pounds of 160 billion pensions organized in the prescribed pension schemes, pension schemes will be removed, despite the fact that the government’s prediction rules are easier.

Evaluation department will be returned from the schemes for 10 years after infections after taxes after taxes after taxes after taxes after taxes. This week’s pension bill project.

Prime Minister Sir Keir Starmer’s estimates said that the changes would help Open an investment wave Salary and drive growth or unlock more money for the members of the retirement scheme “.

He said that three-quarters of the corporate WB scheme were worth 160 billion pounds in a surplus.

Steve Hodder, the consultant’s partner in LCP, “8.4BN is pounds and disappointed.”

An independent pension adviser John Ralfe added: “This is:” This is the most sexual and most immediate impact pension policy completely shakes. ”

The proposed rules simplify sponsorship for the depositors of well-funded schemes, the sponsored employers sponsored to return some assets required to fulfill pension liabilities.

WB schemes are funded by employers and their employees and pay a stable pension to members how much they work for a company and how much they pay.

In recent years, the scheme financing levels have dramatically improved, so the expected revenues for assets have increased, so it reduces the current accounting value of future liabilities.

Currently, the WB scheme surpluses can only be achieved to protect the authorities by the law adopted by the final labor by the final labor by the schemes by 2016. Some schemes had a great shortcomings and did not pass this sort of resolutions.

According to the existing rules, a surplus, which is more than necessary for a business for a business, is to surpass the level needed to sell to an insurer known as a purchase. The rules set in the bill will activate the “low dependence” of “low dependence”, and the current purchase will be activated by a surplus of about 60 billion pounds on the basis of £ 68 billion.

According to the government, the rules should not be in place by the end of 2027.

“(Government) can be more aggressive …………..

Experts will now release only a small amount of the amount in the surplus, and the company’s options to sell pension assets and responsibilities to an insurer for the company’s balance sheets and administrative flexibility.

“There is still a reality in the way of taking schemes to insurance companies of patronsors,” Gareth Horth Hente, Gareth Horth of British pensions in Consultancy PWC.

The government spokesman said the proposals would “unlock the funds to increase the economy, to ensure that people and jobs and workplaces will ensure the import of these assets.