The Court of Appeal ruling in the Nortel/Lehman case means ordinary workers could see redundancy and notice pay extinguished by a pension scheme ‘super creditor', a lawyer says.
The judgment - released on Friday - followed the High Court's position that a financial support direction or contribution notice issued by The Pensions Regulator is an expense of the administration and...
The secretary of state for work and pensions has told MPs clawback and avoidance measures could be imposed for the people responsible for driving Carillion over the cliff.
Occupational pension provision has continued to grow in value, but there remains large variance in incomes across the pensioner age group, according to latest government data.
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.