The combined force of a more heavy-handed regulator and market conditions in a post-Brexit world will cause some defined benefit (DB) trustees to put greater demands on their scheme sponsor, Barnett Waddingham predicts.
The push will be particularly heightened in industries where there is a strong belief that Brexit will significantly negatively impact a sponsor's covenant, the consultancy added. Speaking at the firm's...
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