The High Court of Justice in Northern Ireland has thrown out an application for judicial review of The Pensions Regulator (TPR) brought by the directors of Desmond & Sons.
The directors, Denis Desmond and Donal Gordon, had attempted to nullify contribution notices issued by TPR's determinations panel, which could force them to pay up to £17m into the scheme. The notices...
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.