Henry Boot has seen its pensions deficit rise in the first six months of this year despite implementing a raft of changes in March to limit its liabilities.
The property and construction firm revealed in its interim results today that liabilities had crept up from £16.2m to £17.1m on an IAS19 basis over the first half of the year. This comes after the firm...
More needs to be done to speed up DB to DC transfers but, as Jonathan Stapleton says, more also needs to be done to protect members.
The Pensions Ombudsman (TPO) took on 2,566 early resolution cases in 2018/19 after onboarding a team from The Pensions Advisory Service (TPAS), according to its annual report and accounts.
The lifeboat fund is in a good position despite reserves taking a £0.6bn hit. But the ramifications of the EU judgment on member compensation is an area of concern for CEO Oliver Morley, writes Stephanie Baxter