Institute and Faculty of Actuaries president Ronnie Bowie has urged the Treasury to abandon plans to raise local government pension scheme contribution rates, saying members faced an "impossible cost".
Speaking at the National Association of Pension Funds’ Local Authority Conference – held last week – Bowie said the proposal to raise rates by an average three percentage points and protect scheme members...
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