XPS Pensions Group has appointed Neil Maines as a senior consultant in its investments team
The Pensions Regulator (TPR) has said that new defined benefit (DB) pension models must offer both clear benefits and proper protections, raising particular concerns over a possible new offering to pay DB pensions to defined contribution (DC) savers.
In a blog post, TPR interim director of supervision, market oversight, David Walmsley, said that TPR is seeing an increasing amount of innovation in the evolving pensions landscape, highlighting scheme consolidation as a specific "hot spot" of innovation