The government may have to inject £2bn into the British Steel Pension Scheme to sell the Tata Steel business, according to the frontrunner to buy the assets.
Head of Liberty Group Sanjeev Gupta who is the frontrunner to buy assets from Tata Steel, was quoted in the Daily Mail saying the government may have to pay up to £3bn in total to finance a rescue package...
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