The aggregate funding position of the 7400 defined benefit pension schemes monitored by the Pension Protection Fund worsened to a deficit of £2.2bn last month.
The PPF index reported a surplus of £300m at the end of March. However, the lifeboat fund said scheme funding is better than it was a year previously when there was a deficit of £188.5bn. The total...
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