Superfunds: rules launched to cover new Defined Benefit pension regime

Superfunds: rules launched to cover new Defined Benefit pension regime

The Pensions Regulator has set out new guidance to cover pension ‘superfunds’ – but do they go far enough?

A big change appears to be on the way for pension savers, with The Pension Regulator (TPR) greenlighting the launch of ‘superfunds’, which bring together a handful of different pension schemes into a single fund.

Advocates of superfunds have argued they offer trustees more choice over how to handle their pension schemes, and ultimately deliver a better deal for pension savers, though critics question how secure they really are.So what are superfunds? And what difference could they make? Don’t run out […]

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