Defined benefit (DB) pension funds are increasingly under pressure to put in place dividend-sharing mechanisms as the regulator seeks to address the disparity with deficit contributions.
PP understands that schemes undergoing triennial valuations are being encouraged by The Pensions Regulator (TPR) to put in place devices which guarantee additional payments into DB schemes where dividends...
The parent of collapsed UK retailer Mothercare has secured a revised payment schedule with its pension scheme trustees and said it is “on track” with its planned recapitalisation.
As schemes face additional hurdles to appoint fiduciary managers, Paul Wharton outlines the key considerations for all trustees in the process.
Holly Roach reports on how the schemes won a US class action case, reaching a $350m settlement.
Only a “comprehensive rethink” will be able to fix the “bloated, inefficient mess” of the current pension tax system, says Hargreaves Lansdown head of policy Tom McPhail.
The Pensions Ombudsman (TPO) has rejected a number of complaints from members of the embattled and collapsed British Steel Pension Scheme (BSPS).