The Supreme Court has overturned a ruling that financial support directions (FSD) issued by The Pensions Regulator (TPR) in insolvencies should be treated as an expense of the administration.
In a judgment in the Nortel/Lehman case, handed down this morning, the court found that FSDs were in fact provable debts which would rank alongside the claims of other unsecured creditors. The court...
Trustees of the British Airways pension schemes have been accused of trying to grant “gratuitous” and “unearned” benefits to scheme members in opening statements of a landmark trial.
The Pensions Regulator (TPR) has reminded companies they must fulfil their auto-enrolment (AE) duties as the number of penalties issued for non-compliance rose.
The government is “determined to ensure” The Pensions Regulator (TPR) has the tools it needs to tackle misbehaviour in the pensions industry.
The company which bought British Homes Stores (BHS) for £1 from Sir Philip Green maintains the pension schemes were not its responsibility.