Pension industry organisations have criticised the Department for Work and Pensions' (DWP) decision to block the use of statutory override for former public sector pensions.
Jack Jones looks at the industry’s response to TPR’s proposals on overseeing defined benefit
Naomi Rainey explores difficulties schemes will face due to HMRC’s interpretation of an ECJ ruling
Pensions minister Steve Webb has confirmed the government will explore changes to Pension Protection Fund (PPF) rules to help employees of companies which operate in other countries as well as the UK.
Engineering firm WS Atkins has agreed a 12-year recovery plan to close its scheme's £430m deficit.
The aggregate deficit of schemes in the PPF 7800 rose by £48.9bn in January, to £76.5bn.
The deficit at Barclays' UK Retirement Fund increased 75% in 2013, hitting £1.4bn by the end of the year.
Cornwall Pension fund will invest £60m of its £1.4bn fund into active frontier market equities co-managed by HSBC Global Asset Management.
The Scapa Group has completed a merger of its UK defined benefit (DB) schemes and put in place a 25-year asset-backed contribution structure ABC to fund the new scheme.