The Pensions Regulator will not pursue moral hazard proceedings against Chemtura to a full determinations panel hearing after the chemical company agreed to contribute £60m to its UK pension scheme.
In a section 89 report, published today, the watchdog revealed the sponsor had already paid in £30m and would contribute a further £30m over the next three years to the Great Lakes UK Limited Pension Plan...
Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.
Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.
This week's top stories included coverage of the much-anticipated defined benefit (DB) white paper and the sector's reaction.
A buyout tool which provides schemes with up-to-date pricing and comparisons between insurers has been launched by JLT Employee Benefits.