Trustees in defined benefit (DB) schemes need to act now if they want to preserve the power to refund surplus to employers.
The cut-off point to pass the Section 251 resolution is 5 April 2016 that would retain this power for a sponsoring employer. Trustees and employers are being urged to act before Christmas, however,...
An innovative funding structure has been agreed for Croydon Pension Fund. However, there are some concerns about the arrangement. Stephanie Baxter reports
Some 52% of red flags raised by schemes on suspected scam pension transfers involve advisers or unregulated introducers, a report by the Pension Scams Industry Group (PSIG) has claimed.
The Norfolk Pension Fund has been successful as the lead plaintiff in a class action case that went to jury trial in California involving securities fraud.
In this week's Pensions Buzz, we want to know whether bosses should have to pay into the same staff DB scheme as their workers rather than their own executive pension fund.