The UK Coal pension scheme has entered the Pension Protection Fund (PPF) as part of a deal to save its sponsoring employer from insolvency.
The lifeboat fund is taking on the scheme's 7,000 members after an earlier restructuring of the company, which was intended to keep the scheme out of the PPF, failed (PP Online, 7 January). Last year's...
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.
Trustees of the Airways Pension Scheme (APS) will not make a firm decision on whether to appeal the Court of Appeal's judgment on discretionary increase payments until September.
Accountant Hashmukh Shah has pleaded guilty to deliberately providing false information to The Pensions Regulator (TPR) when stating a pension scheme had been set up for staff of a London-based restaurant.