UK - Workers have attacked ITV broadcaster Ulster Television for taking a three-year contribution holiday, which has left its pension scheme with a £700,000 deficit.
The National Union of Journalists said its members had “grave concerns” about the health of the scheme.
It pointed out the contribution holiday had saved the company £3.6m.
Many single-employer trust-based DC schemes will move to a master trust in coming years. Stephen Richards looks at the pitfalls they need to avoid
Robin Ellison says it is not unreasonable for schemes and their trustees and sponsors also to expect an improvement in the tone of regulation
The Pensions Regulator (TPR) has ordered a firm to pay back more than £700,000 of pension contributions after it miscalculated the amounts due for more than a year.
Insurers are set to face a "flood of requests" from pension schemes for buy-in contracts to be restructured to allow for guaranteed minimum pension (GMP) equalisation, Aon warns.