CHANGES to accounting standards and growing irrecoverable surpluses are becoming a major concern to companies and shareholders, Pension Capital Strategies says.
Managing director Charles Cowling said such surpluses could represent wasted company contributions or reflect an investment strategy which is too risky. The advisory firm’s analysis of the pension schemes...
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