The Pensions Regulator is investigating London mayor Boris Johnson's decision to put a tourism organisation into administration rather than taking on its pension liabilities.
Visit London, which had a defined benefit pension scheme £2.2m in deficit, was put into administration on 1 April. Two other organisations - Think London and Study London - were also closed down and...
Partner Insight: Members' evolving needs and expectations are driving changes in scheme administration. As the pensions landscape inevitably continues to change, how will your scheme's approach need to develop to keep pace?
The Pensions Regulator (TPR) is "working closely" with government contractor Interserve and the trustees of its defined benefit (DB) pension schemes, it has confirmed.
The industry has welcomed the Department for Work and Pensions' (DWP) consultation on defined benefit (DB) consolidation as a way to address scheme covenant issues.
BMO Global Asset Management has opened a UK fiduciary management business, promising a "truly open architecture" approach to deliver "better client outcomes".