Broadcaster ITV found itself in the headlines last week after The Pensions Regulator issued a determination ordering it to support the Box Clever Group Pension Scheme, a fund burdened with a deficit of £62m.
The network was less than pleased to be on the receiving end of a dreaded financial support direction, which means the recipient has effectively abandoned its pension responsibilities (it has appealed...
Jonathan Reynolds named shadow work and pensions secretary; pledges 'serious long-term thinking' on pensions
The shadow economic secretary Jonathan Reynolds has been named as shadow secretary for work and pensions under new Labour leader, Keir Starmer.
High levels of scheme governance are more pressing than ever during the Covid-19 pandemic. Jonathan Hazlett looks at how trustees can maintain this while working remotely.
Coronavirus Blog: How to maintain high levels of scheme governance; Reach asks to suspend DRCs; Debenhams misses contribution payment
In this live blog, Professional Pensions brings together all the latest news on the industry's response to the coronavirus pandemic, as well as regulatory and legal updates.
This week’s top stories include The People’s Pension provider B&CE furloughing 140 staff in response to pressures from the coronavirus, while the UK’s finance regulators called on pension savers to stay calm and avoid making rash decisions regarding savings....