UK - Annual savings from the sale of the BBC's technology division could be enough to offset the corporation's annual pension costs of £33m.
BBC Technology is understood to be worth £100m, and its sale is expected to save the corporation up to £30m a year in running costs.
The BBC’s annual report showed scheme costs to be around £33m per year – less than 1% of income. This annual figure could be almost entirely offset by the sale.
Director-general Greg Dyke has promised staff that pension arrangements would be an “important issue” in the sell-off of the technology division.
The BBC pension scheme currently has an FRS17 deficit of £1bn.
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers