THE aggregate funding position of the 7800 defined benefit schemes monitored by the Pension Protection Fund improved to £30.3bn at the end of April, latest figures reveal.
The PPF said its 7800 index had improved from a deficit of £23.6bn at the end of March and was the first surplus in 4 months. Despite this, it said scheme funding was worse than it was at the end of April...
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