Trustees of the Morris Ashby Limited Pension Scheme have completed a £38m buyout deal with Pension Insurance Corporation removing its liabilities from the Pension Protection Fund.
The scheme, which was being assessed for PPF entry, secured the benefits of its 480 members with PIC at PPF levels. It will now cease to be involved with the PPF. The pension fund's former sponsor,...
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