Lawyers are urging trustees and sponsors to move quickly and set up contingent assets to combat the "unpredictability" of Pension Protection Fund levy charges.
Hammonds said scheme managers could reduce their risk-based PPF levy before next month’s levy calculation deadline by setting up contingent assets – such as a parent company or a bank guarantee, a letter...
Coats' pension scheme members are not entitled to annual increases of 5%, the High Court has ruled in a rare instance of a court overturning a decision of The Pensions Ombudsman.
Trustees of the Airways Pension Scheme (APS) have been granted permission to use more than £1m of scheme assets to fund an appeal over discretionary increases.
Chancellor Philip Hammond is being pressed to tackle the impact of pensions allowances on the NHS' ability to recruit and retain staff.