HBOS has seen its pension fund deficit more than double over the last six months, its annual report and interim results reveal.
The company said its IAS19 pension deficit across all defined benefit plans was £725m at June 30 – up from £347m at the end of 2007. The primary reason for the increase in deficit, the company said, was...
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