Regulation

More than 200 hundred insolvency practitioners have been reported to their professional bodies for failing to advise the Pension Protection Fund and The Pensions Regulator.

Trustees need to be poised and ready to deal with the pensions implications of an increase in redundancies due to economic downturn, lawyers warn.

INDEPENDENT Trustee Services has started legal action against GP Noble, its director Graham Pitcher and several other financial services firms, PP has learned.

THE Pension Protection Fund has confirmed that it has set a pension protection levy estimate of £700m for 2009/10.

TRUSTEES must remain vigilant in the current economic turmoil but it is essential their thinking remains long-term, delegates heard.

PENSION PROTECTION FUND proposals to include longer-term risk in its levy calculations will lead to relatively well-funded schemes with strong sponsors paying more, Watson Wyatt says.

THE Pension Protection Fund has gone out to consultation on proposals to take account of scheme investment strategies when calculating levies.

MORE schemes will trigger regulator scrutiny as recovery plans move outside ten year guideline, Xafinity Consulting claims.

Professional Pensions' "spat" with The Pensions Regulator was raised in the last House of Lords Pensions Bill debate.

THE Pensions Regulator has merged its scheme specific funding and corporate risk management teams.