The trustee of the BT Pension Scheme is seeking a High Court ruling on the scope and extent of the Crown Guarantee, which could force the government to support its £9bn deficit in the event of insolvency.
The initial hearing begins in the High Court on the Strand, London today and is expected to last five days. A final judgment isn't expected until October, this year. In a statement, BT said it supported...
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