The historic Wedgwood Museum collection could be sold off after the High Court ruled the artefacts could be disposed of to pay off debts, which include a £134m liability owed to the pension scheme.
Judges ruled the 250 year old collection - which now faces being sold off to the highest bidder - was not held by the Museum and could therefore be used by administrators to pay off creditors, which include...
Partner Insight: Members' evolving needs and expectations are driving changes in scheme administration. As the pensions landscape inevitably continues to change, how will your scheme's approach need to develop to keep pace?
The Pensions Regulator (TPR) is "working closely" with government contractor Interserve and the trustees of its defined benefit (DB) pension schemes, it has confirmed.
The industry has welcomed the Department for Work and Pensions' (DWP) consultation on defined benefit (DB) consolidation as a way to address scheme covenant issues.
BMO Global Asset Management has opened a UK fiduciary management business, promising a "truly open architecture" approach to deliver "better client outcomes".