The Pension Protection Fund has appointed Capita Hartshead to administer its compensation payments for the next five years.
The contract will start in June, this year, and will be administered from Capita's Darlington office. At the end of January 68 pension schemes had transferred to the PPF incorporating some 20,250 members....
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