The length of time it takes companies to repair defined benefit scheme deficits continues to increase, data from The Pensions Regulator shows.
The Pensions Regulator has reinforced its concern employers are placing excessive pressure on members over enhanced transfer value exercises, outgoing chairman David Norgrove says.
Some 40 members of a scheme whose employer became insolvent may not be covered by the Pension Protection Fund, due to a technicality in the Pensions Act 2004, Ros Altmann says.
DENMARK - The Danish Financial Supervisory Authority plans to release mortality benchmarks in the coming days which will be used to help calculate pension liabilities.
The Pensions Regulator is expected to argue in the High Court today that a liability that flows from a financial support direction should be treated as an administration expense.
The Pensions Regulator has appointed more than 600 independent trustees to troubled pension schemes over the past two years.
UK/EUROPE - A new tax transparent fund vehicle to be launched ahead of the implementation of UCITS IV regulations should attract more than £20bn ($31bn) of additional multinational pension fund investments, Deloitte says.
UK/US - Administrators for Nortel Networks and Lehman Brothers are challenging The Pensions Regulator in the High Court over the watchdog's ability to impose a financial support direction against them.
Administrators for Nortel Networks and Lehman Brothers are challenging The Pensions Regulator in the High Court over the watchdog's ability to impose a financial support direction against them.
DLA Piper partner Ben Miller introduces this month's legal panel: The Independent Public Service Pensions Commission's interim report prepared by Lord Hutton, which was issued in October 2010, states that defined benefit (DB) schemes raise substantial...