PPF appoints head of restructuring and publishes insolvency guidance
The Pension Protection Fund (PPF) has appointed Mike Ridley as head of restructuring and published a further guidance note for schemes facing insolvency events.
Ridley takes on the newly-created role in the restructuring and insolvency team after leaving Barclays where he had spent more than 30 years, most recently as a senior member of staff specialising in debt...
More on Appointments
GAD and DHSC increase tax flexibilities for NHS Pension Scheme
Senior clinicians within the NHS Pension Scheme will receive extra assistance to adjust their pension accrual to fit within tax allowances.
Aviva appoints chair and trustee to master trust board
Barnett Waddingham non-executive chairwoman Elizabeth Renshaw-Ames has been named as trustee chairwoman of Aviva Master Trust.
![Charles Counsell: "Savers [could] rush into decisions about their pensions."](/api/v1/wps/f7d7abf/7e366f0a-3c82-4aa2-ba52-37312b0eb71e/3/Counsell-Charles-The-Pensions-Regulator-TPR-230x142.jpg "Charles Counsell: \"Savers [could] rush into decisions about their pensions.\"")
TPR chief warns of increased demand for DB transfer CETVs
The Pensions Regulator (TPR) chief executive Charles Counsell has warned scheme trustees could see an increased demand for cash equivalent transfer values (CETVs) from defined benefit (DB) members.
Ineffective regulation breeds inequitable outcomes
Costly DB scheme regulations can result in abuses of equitable relations among stakeholders, say Iain Clacher and Con Keating.
FTSE 100 schemes in 'best position' for 20 years before onset of Covid-19
Almost three-quarters of FTSE 100 defined benefit (DB) pension schemes were in surplus on an accounting basis as the coronavirus crisis hit, according to Lane Clark & Peacock (LCP).