THE PENSIONS REGULATOR is to issue its first financial support direction to Sea Containers to bolster its two UK defined benefit schemes.
TPR said the Bermuda-based passenger transport and marine container leasing company must provide financial support for the schemes of its London-based UK subsidiary Sea Containers Services, which have...
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).