Defined Benefit

The Pensions Regulator (TPR) has told the Work and Pensions Committee (WPC) it has launched a probe to decide whether there is any basis for using its anti-avoidance powers with regards to Carillion.

The Pensions Regulator (TPR) has provided little evidence of hard action despite being aware of problems at Carillion since at least 2008, Work and Pensions Committee (WPC) chairman Frank Field has said.

Pension Insurance Corporation (PIC) has invested £40m with Halton Housing to finance affordable property developments across the UK.

The Pensions Regulator (TPR) failed to use its powers to force Carillion to pay higher contributions into its schemes despite trustees repeatedly raising concerns over the issue, Robin Ellison has said.

Industry believes regulator should have tighter control over concerning DB transfers to protect scheme members.

A set of tools to help trustees quiz their advisers and gain confidence in their decision-making has been produced by Aon.

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.

The estimated cost of pensions tax relief for employees to the government is expected to hit £24bn in this tax year, according to government data.

Steve Webb says there are various ways to take action on executives who try to line their pockets by putting workers' pensions at risk

Universities are facing significant disruption after members of the University and College Union (UCU) voted for strike action over the planned closure of the Universities Superannuation Scheme (USS).