A regulated apportionment arrangement (RAA) has been conducted for the British Steel Pension Scheme (BSPS) after no appeals were lodged since it was agreed in principle last month.
The Pensions Regulator (TPR) and Tata Steel confirmed the £15bn BSPS has now been severed from the company, with around 130,000 members due to transfer into a new scheme or enter the Pension Protection...
Almost all listed asset managers have now signed up to the transparency code that launched 12 months ago to help local government funds get better cost data, writes Stephanie Baxter
This week's top stories include MPs questioning the regulator's leadership in a letter to the watchdog's chairman, and FTSE 100 schemes post accounting surplus for first time in decade.
While the majority of UK's largest pension funds have taken action on climate change, parliament says there are still some that are failing to manage their schemes responsibly.
Master trusts will have just one chance to demonstrate to The Pensions Regulator (TPR) that they should be authorised under the upcoming regime, the watchdog has said.