Five stories you may have missed this week

clock • 1 min read

This week's top stores included news that Nortel Network's UK defined benefit scheme will exit Pension Protection Fund assessment with £550m from insolvency proceeds to use to boost members' benefits.

Also, The People's Pension's Darren Philp is to leave in September for Smart Pension, and The Pensions Regulator published a consultation on a draft code of practice to apply to its master trust au...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

WTW to acquire Cushon from NatWest Group

WTW to acquire Cushon from NatWest Group

Deal will see WTW take on 85% stake from NatWest and remaining 15% from Cushon’s management

Holly Roach
clock 10 December 2025 • 3 min read
News Digest: Salary sacrifice changes 'another penalty on motherhood'

News Digest: Salary sacrifice changes 'another penalty on motherhood'

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 10 December 2025 • 1 min read
TPR updates admin guidance in bid to safeguard benefits and build trust

TPR updates admin guidance in bid to safeguard benefits and build trust

Regulator says administration is ‘fundamental’ to good saver outcomes

Holly Roach
clock 09 December 2025 • 6 min read
Trustpilot