The 600 Group has closed its UK defined benefit scheme to future accrual and said it does not expect to make significant contributions to it in foreseeable future.
The scheme was closed to existing members at the end of March, resulting in a curtailment gain of £2.4m for the engineering group. In the firm's preliminary results to 30 March, published today, it...
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