As the government considers reviewing where schemes rank in insolvencies, James Phillips explores how likely it is for schemes to be able to recover debts and if change is needed.
The High Court has ruled that Wedgwood made an effective and valid decision when closing the Wedgwood Group Pension Plan (WGPP) to future accrual and ending the final salary link.
Gina Miller and others deserve ‘apology…public recognition and thanks’
Collective defined contribution (CDC) arrangements could be set up without needing full CDC legislation, which would speed up and make the process easier, the Communication Workers Union (CWU) has claimed.
This week's top stories included the government suggesting it may review the order of creditors in an insolvency event, and Barclays defending plans to move responsibility for its DB scheme to its investment banking arm.
The Pensions Regulator (TPR) has confirmed it started discussing the future viability of construction giant Carillion with its defined benefit (DB) trustees last July, just after the first profit warning.
The Work and Pensions Committee (WPC) and the Business, Energy and Industrial Strategy Committee (BEISC) will hold two sessions to probe why Carillion went into liquidation.
In this week's Pensions Buzz, we want to know if company bosses should be made to repay bonuses if they are found to have deliberately or recklessly underfunded their defined benefit (DB) pension scheme.
Total of £15.7bn accessed flexibly
Four scammers have been told to pay back £13.7m after luring 245 pension savers to transfer funds to 11 bogus schemes.