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...
Sports Direct is facing mounting pressure to launch an independent review of how it is run by some of the UK’s largest institutional investors.
House builder Persimmon’s defined benefit (DB) scheme has fallen into a funding deficit after liabilities climbed £73.4m in twelve months.
Kames Capital has appointed David Ennett and Phil Milburn to lead its high yield bond team.
This week's Pensions Buzz results on ESG have caused a lot of debate finds Helen Morrissey.