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...
The trustees of the Alcatel-Lucent Pension Scheme have agreed a £100m pensioner buy-in with Pension Insurance Corporation (PIC).
The collective deficit of the UK's defined benefit (DB) scheme has shrunk by more than £200bn due to the inauguration of Donald Trump as US president, Hymans Robertson says.
Scottish Widows will remove early exit fees across all of its workplace and personal pension policies ahead of the charge cap deadline.
The Tax Incentivised Savings Association (TISA) has made two senior appointments to its policy and retirement teams.