Administrators of Nortel and Lehman Brothers have reached the Supreme Court in their attempts to challenge a Financial Support Direction (FSD) issued by The Pensions Regulator against the insolvent companies.
After four years of litigation, the three-day hearing this week should determine once and for all where the claims of UK defined benefit schemes rank in insolvencies. Previous rulings in the High Court...
Smaller FTSE 350 defined benefit (DB) schemes were nearly 15% less well-funded than larger schemes in 2017, according to a Goldman Sachs Asset Management (GSAM) analysis.
The advent of collective pension systems could help the UK avoid demographic challenges which will make it "impossible" for society to help savers in retirement, experts say.
More than half of people over the age of 55 see financial security as a top priority in retirement, yet a third allocate more time to buying a new car, finds Legal & General (L&G) research.
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.