Balfour Beatty has set up an £85m asset-backed contributions structure to plug the estimated £284m deficit of its defined benefit (DB) pension scheme.
The deal was announced today following recent negotiations between with the trustee over an £85m deficit payment that was originally due in 2015. The infrastructure company has now delayed paying this...
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