The Halcrow Pensioners Association (HPA) says The Pensions Regulator (TPR) could have done more to help prevent the scheme's spiralling pension deficit.
TPR has been helping Halcrow's parent company CH2M find a way to sustainably fund The Halcrow Pension Scheme (HPS), which is reported to have a £600m deficit, so it can avoid the Pension Protection Fund...
A buyout tool which provides schemes with up-to-date pricing and comparisons between insurers has been launched by JLT Employee Benefits.
The DB white paper sets out plans to review the funding regime, with 'prudent' and 'appropriate' possibly redefined. But James Phillips asks if this could this signal a return to an MFR-like approach?
The trustees of GKN's pension schemes have agreed a package of mitigation measures that would improve funding to a "more prudent level" if Melrose's offer is accepted by shareholders next week.
While the new powers are welcome, most respondents doubt it will make a difference to the outcomes for members, Pensions Buzz respondents say.