ECJ ruling dashes hopes of 85,000 UK workers who lost pensions; Sharp increase in employer contributions to defined benefit pension schemes; Heath Lambert ends discussions with JLT; Pension funds ‘rush headlong' into low yielding Wellcome issue
ECJ ruling dashes hopes of 85,000 UK workers who lost pensions The Guardian (pg 24) A preliminary ruling in the European court of justice dashed the hopes of 85,000 workers who had lost their pensions...
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