The Department for Work and Pensions is to consult on giving The Pensions Regulator a statutory objective to consider the effect of recovery plans on sponsoring employers.
The consultation was announced in the Autumn Statement today. The statement said: "The Department for Work and Pensions(DWP) will consult on providing the Pensions Regulator with a new statutory objective...
Stephen Crosbie has been promoted to protection director at Aegon UK.
Jayne Nickalls has been appointed a non-executive director by the Pension Protection Fund (PPF).
Just Retirement has undertaken a pensioner buy-in for the Galliford Try defined benefit (DB) scheme, the insurer's first transaction since merging with Partnership in April.
Tomas Carruthers and Ron Jarman have been appointed as trustees to the National Employment Savings Trust (NEST) by the pensions minister.