RANK GROUP has transferred the assets and liabilities of its £700m scheme to Rothesay Life, a subsidiary of Goldman Sachs.
The gaming business said the transfer would secure the accrued benefits for its pension scheme’s 19,000 members – and completely remove Rank’s remaining financial risks and liabilities in relation to the...
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