Construction group Dew Pitchmastic has called in receivers at two of its subsidiaries because it cannot fund a £28m pension shortfall.
The firm – the third company this year to face insolvency due to scheme debts – has applied to the Pension Protection Fund to safeguard members’ benefits. Receivers Charles King and Hunter Kelly from...
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).