The CovPress pension scheme has come out of the Pension Protection Fund (PPF) after the automotive supplier was acquired by Liberty House in the first rescue of its kind.
CovPress, which employs around 800 people and makes body panels for major car makers such as Jaguar Land and Renault, fell in administration last September after it experienced significant funding issues. ...
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.
Trustees of the Airways Pension Scheme (APS) will not make a firm decision on whether to appeal the Court of Appeal's judgment on discretionary increase payments until September.
Accountant Hashmukh Shah has pleaded guilty to deliberately providing false information to The Pensions Regulator (TPR) when stating a pension scheme had been set up for staff of a London-based restaurant.