Scheme wind-ups will be delayed if new criteria on guaranteed minimum pension equalisation are adopted by the Pension Protection Fund, an independent trustee warns.
Capital Cranfield Trustees director Vernon Holgate said the PPF’s intention to consult on its GMP equalisation stance could create “uncertainty, costs and delay, for what is largely an exercise in semantics”....
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