The Pensions Regulator (TPR) has dished out £658,298 on its most expensive legal battle in over two years, PP can exclusively reveal.
A freedom of information request found the watchdog spent a total of just over £3.9m on external barrister fees across 46 cases between March 2012 and October 2014 - an average of £126,300 per month. ...
A buyout tool which provides schemes with up-to-date pricing and comparisons between insurers has been launched by JLT Employee Benefits.
The DB white paper sets out plans to review the funding regime, with 'prudent' and 'appropriate' possibly redefined. But James Phillips asks if this could this signal a return to an MFR-like approach?
The trustees of GKN's pension schemes have agreed a package of mitigation measures that would improve funding to a "more prudent level" if Melrose's offer is accepted by shareholders next week.
While the new powers are welcome, most respondents doubt it will make a difference to the outcomes for members, Pensions Buzz respondents say.