Trustees of the MG Rover senior pension scheme have reached an £8m settlement with the sponsor, avoiding the scheme being wound up into the Pension Protection Fund (PPF).
The agreement reached with sponsor MGR Capital follows an investigation into the scheme by The Pensions Regulator (TPR), leading it to threaten the firm with a financial support direction (FSD) in December....
An unnamed London-based employer has been hit with a £350,000 fine from The Pensions Regulator (TPR) for failing to fully comply with its pension duties.
XPS Pensions has enhanced its fiduciary management selection service in order to help trustees through initial selection and mandatory re-tendering.
One in five defined benefit (DB) schemes are in The Pension Regulator's (TPR) weakest two categories, analysis by Hymans Robertson has revealed.
State Street Global Advisors (SSGA) has been selected as the first index manager for the Asset Management Exchange's (AMX) passive funds.