The National Exhibition Centre Group boosted its profits last year after saving £3.2m from closing its defined benefit scheme to future accrual.
Accounts from the directors show the closure of the firm’s two final salary schemes in June last year reduced DB pension liabilities by £3.2m due to the break in links to future salary increases. The...
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