The Pensions Ombudsman (PO) has rejected a complaint against the trustees of the Baptist Ministers' Pension Fund alleging they failed to highlight the debt obligations of the sponsor.
Lawyers said the decision was positive for trustees as it helped cement their position when seeking payments laid out under Employer Debt Regulations. According to the Albemarle Baptist Church, the...
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.