COMPUTER giant IBM has wiped out the deficit in its £4.4bn defined benefit scheme after contributing £577m in the first three months of 2006.
IBM Pension Plan trustee chairman James Lamb estimates the scheme is now fully funded, although this will only be confirmed when a formal actuarial valuation is carried out at the end of 2006. Changes...
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers