Sea Containers' appeal against The Pensions Regulator's financial support directions was merely a delaying tactic during complex bankruptcy proceedings, a consultant claims.
Punter Southall said it was concerned the reason Sea Containers had withdrawn its appeal was because the process had advanced far enough the firm now saw the FSD as “a minor irritant” to its goal of achieving...
This week's edition of Professional Pensions is out now.
The government is in talks with the UK and Irish pensions regulators over how to protect members of cross-border schemes in the event of a no-deal Brexit.
The equalisation of guaranteed minimum pensions (GMPs) is at least two years away from being completed, and could take longer than four years for some schemes, a poll has found.
The Pensions Regulator will consider if schemes should be required to have professional trustees and assess the case for greater regulation of administrators and system providers, PP can reveal.