The High Court has ruled the £74m Section 75 debt of the Kaupthing Pensions Scheme can be sold, paving the way for the wind up of the scheme to be completed.
Following the ruling, which lawyers say will allow other pension debts to be traded after sponsors have gone bust, the debt has been acquired by an undisclosed buyer. The scheme, sponsored by the now-defunct...
Only one third of defined benefit (DB) schemes lengthened their recovery plan end dates in 2019, according to research by Hymans Robertson.
Hargreaves Lansdown has been named as the slowest provider to switch pensions through the Origo transfer service.
Caroline Kurup explores the latest TPR guidance on superfund transfers and what scheme trustees should be considering
Pension scheme trustees and sponsors should only seek to transfer members’ benefits to a defined benefit (DB) consolidator if there is no “realistic prospect of buyout in the foreseeable future”, The Pensions Regulator (TPR) says.
Guy Opperman says two page, simpler statements as well as an annual ‘season’ in which to issue them could be transformative steps for the UK pensions industry