The Royal Bank of Scotland (RBS) has seen the net liabilities of its pension schemes drop 23% after making a £1.1bn employer contribution last year, according to its annual results.
This marked a £700m reduction in its pension liabilities to £2.3bn at the end of 2014 on an IAS 19 basis, with net gains of £100m also helping to cut the debt burden. This comes after the part-nationalised...
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