Scheme sponsors must question whether they should increase discount rates automatically in line with corporate bond yields, a consultant warns.
Hamish Wilson & Co said corporate bond yields had risen over the past 12 months, significantly reducing companies’ reported pension liabilities and accounting deficits and in some instances creating surpluses....
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