HMV's administrator has submitted section 120 forms to the Pension Protection Fund despite the purchase of its debt by Hilco.
Deloitte confirmed the forms were submitted to the PPF and that The Pensions Regulator has been informed. The move comes after retail restructuring specialists Hilco purchased HMV's bank debt, taking...
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".