The High Court has ruled trustees in the Federated Flexiplan case have the discretion to award or withhold any surplus arising in the scheme from members.
Trustees of Flexiplan, a form of final salary scheme which entitled members to a slice of any scheme surpluses, decided to stop paying the top-up to deferred members when the scheme fell into a £20m deficit...
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