Carillion trustees received advice in 2012 to implement a progressive dividend policy and put in place other undertakings and support structures but these recommendations were rebuffed by the sponsor, correspondence has revealed.
In a letter to trustees dated 23 February 2012 - published by the Work and Pensions Committee today - corporate finance firm Gazelle set out its assessment of the Carillion covenant in respect of recovery...
Regulatory guidance “could set too high a hurdle” for superfunds, Lane Clark and Peacock (LCP) warns.
Around one in 25 pension schemes have made use of regulatory easements to deficit recovery contribution (DRC) payment schedules, according to The Pensions Regulator (TPR).
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the September 2020 estimates on the various measures…
Philip Dickinson looks at the impact of Covid-19 on the transfer market and how schemes and advisers can support members.
The Pension Protection Fund (PPF) has an 83% probability of success for its target of being self-sufficient by 2030 as of March this year, a six percentage point drop from 2019.