Northumbrian Water has slashed its pensions deficit after injecting an extra £70m into the scheme in March and April this year and switching to Consumer Prices Index linking.
The utilities company revealed in its preliminary end of year results, published today, that the shortfall had fallen from £133.1m to £46m at 31 March this year. The results showed the scheme's assets...
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