This week’s top stories included Mothercare negotiating an extension to the contributions timeline for its pension scheme, and the Pension Protection Fund announcing a proposed levy cut.
Mothercare has negotiated an extension to its scheme contributions schedule with a significant level of deficit expected following the offloading of its UK business last November.
Around 2,000 small schemes could see their levies cut as the Pension Protection Fund consults on introducing a tapered approach to its risk-based levy while temporarily dropping its multi-year approach.
The Public Accounts Committee's recommendation that HM Revenue & Customs should conduct a review into the impact of pensions tax relief has been ruled out by government.
Trustees need to develop their understanding and capacity around ESG issues to be able to make better decisions for their members, The Pensions Regulator says.
Asset owners and investors have made "good attempts" at reporting against the principles of the UK Stewardship Code 2020, the Financial Reporting Council says.
Aviva has set a 2050 net-zero target for its own auto-enrolment (AE) default pension funds, and called on the government to make all AE default funds set the same goal.
After speculation gained traction over the weekend, LV= has revealed it is in exclusive talks with Bain Capital over the sale of its remaining pensions and insurance business.
The Association of Member-Nominated Trustees co-chair David Weeks remembers some of the organisation’s highs and lows during a tumultuous first decade
EY has appointed Gareth Mee as UK actuarial leader to head up an expanded interdisciplinary team at the firm.
One in eight older workers have changed their retirement plans as a result of Covid-19, the Institute for Fiscal Studies says