Kodak's settlement with its UK pension scheme is now well-publicised. But is it a one-off situation or does it signal a sea-change in approach by The Pensions Regulator and PPF?
The transaction Kodak agreed to sell two of its core businesses to the pension scheme to provide mitigation to the scheme. This is because Kodak is being released from its current and future obligations...
HMRC has confirmed providers operating relief at source pension schemes can continue to collect automatic tax relief at a basic rate of 20% under new Scottish Income Tax rules.
The Pensions Regulator (TPR) is seeking "improved" powers to set a schedule of contributions in defined benefit (DB) schemes in the government's upcoming white paper, it has revealed.
New regulatory rules which require providers and advisers to produce annuity illustrations will not solve the problem of consumer detriment as they are "fundamentally" flawed, according to Retirement Advantage.
Paul Budgen is set to join financial technology and auto-enrolment (AE) firm Smart Pension as director of business development.