Industry rejects time limit on DB recovery plans
Majority of respondents urge against introducing mandatory time limit on recovery plans according to PP research.
Up to 70% of Pensions Buzz's 142 respondents disagree with the idea of introducing a mandatory time limit for defined benefit (DB) recovery plans. Each scheme should be looked at individually as circumstances...
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PP research: Struggling businesses should not be allowed to suspend AE contributions
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Dominic Chappell loses appeal against BHS conviction
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).
Five stories you may have missed this week
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.
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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