More than a quarter of trustees have increased the frequency of covenant reviews to more than one a year as the risk of corporate failure grows, Mercer says.
The consultant said the research showed trustees were taking a more pro-active and in-depth approach to sponsor covenant reviews. It also said employers have, generally, agreed to stronger technical...
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