TRUSTEES of the HBOS Final Salary Pension Scheme have asked a court to delay the takeover of its sponsoring employer by Lloyds TSB.
In a letter to the members of FSPS, the trustees said they were concerned the deal would weaken the covenant underpinning the HBOS scheme. The trustees said they "reluctantly" decided to ask the Court...
In this week's Pensions Buzz survey, we want to know whether or not you agree with Lord Myners' opinion that asset owners, such as pension funds, are substantially to blame for short-termism in business.
The combined funding level decreased by just over four percentage points by the end of last month to 93.6%, according to the Pension Protection Fund's (PPF) latest update.
Plastics manufacturer Carclo has missed yet another dividend as it continues to battle its defined benefit (DB) pension funding shortfall.