The number of firms making asset-backed contributions (ABCs) to their schemes shot up in 2013, despite The Pensions Regulator (TPR) warning trustees to approach such arrangements with caution.
A survey carried out by KPMG found that 23 ABCs were set up last year with a total value of nearly £2bn while over the preceding five years, 29 structures were put in place. The firm said fears among...
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