Lord Hutton has asked government to look at the discount rate used to value public sector pensions as he believes it is too high.
Speaking to the NAPF conference yesterday evening, Hutton said he believed the rate was too high and the cost of public sector pensions was consequently being underestimated. He said: "It is 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