THE Local Government Association has called for an inquiry into credit rating agencies, after millions of pounds of council assets were frozen in Icelandic banks.
116 councils are known to have had assets in the banks – assets which include some from local government pension schemes. The LGA has discovered that the credit rating agencies were giving the banks relatively...
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