The Pensions Regulator's use of long-dated bonds to calculate scheme liabilities drives up deficits and should be scrapped, Morley Fund Management says.
Actuaries use the yield on double-A-rated corporate bonds as the discount rate for working out a scheme’s future liabilities. UK Sovereign fund manager Trevor Welsh said TPR and the Accounting Standards...
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