The Department for Work and Pensions (DWP) has launched a consultation to clarify how the Pension Protection Fund (PPF) should treat transferred-in defined benefit (DB) entitlements when calculating compensation.
The call for input comes after the High Court last year disagreed with the PPF Ombudsman that transferred-in benefits from an old employer to a new employer should be aggregated when calculating PPF compensation....
The Debenhams brand and website has been acquired by online fashion retailer Boohoo for £55m, although the pension scheme, shops, and stock will not be purchased.
Con Keating says last week’s Pensions Buzz survey indicates the true feeling of directly affected schemes to The Pensions Regulator’s DB funding code proposals.
The Pension Regulator’s (TPR) strengthened powers under the Pension Schemes Bill could lead to a revival of its clearance process, according to advisers and lawyers.
The Universities Superannuation Scheme (USS) trustee board has warned investment returns will be lower in the future than expected as it edges closer to concluding its 2020 valuation.
The long-debated Pension Schemes Bill has received parliamentary approval, guaranteeing its place on the statute book.