Trustees of the Christopherson (FS) Pension Scheme have agreed a £55m buyout for its members with Pension Insurance Corporation (PIC).
The deal covers the liabilities for the scheme's near 350 members and was agreed with motor insurer Equity Red Star, the sponsor of the scheme. Christopherson was originally a Lloyds listed insurer...
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