A provisional deal between Sir Philip Green and The Pensions Regulator over the BHS pension schemes could be just 'days away', a Sky News report says.
Yesterday, the media organisation reported that Green could pay as much as £350m to help 20,000 members that were left stranded after the retailer went into administration in April 2016. Commenting...
This week's top stories included analysis suggesting the British Steel Pension Scheme could have a £2bn surplus, while the Treasury removed its controversial MPAA cut from the Finance Bill.
Members of master trusts will see greater protection as new rules for an authorisation regime and capital adequacy have been signed into law.
Royal Mail has offered its employees a cash balance defined benefit (DB) scheme as a compromise for closing its current career average DB scheme to accrual.
The question of the state pension age will not be answered before the snap general election, the Department for Work and Pensions (DWP) has told PP.