A regulated apportionment arrangement (RAA) has been granted as part of the Halcrow rescue plan.
An RAA sees the sponsoring employer being severed from the pension scheme with members going into the Pension Protection Fund (PPF). After this, the departing sponsor's share of employer debt is apportioned...
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.