The trustees of the Box Clever Group Pension Scheme turned down a number of financial offers in a bid to secure 100% of members' benefits, the scheme's chairman has told the Upper Tribunal.
Continuing the trial - where The Pensions Regulator (TPR) is seeking to impose a financial support direction (FSD) on five ITV Group companies for the scheme - Alan Herbert said the scheme had not triggered...
Partner Insight: Members' evolving needs and expectations are driving changes in scheme administration. As the pensions landscape inevitably continues to change, how will your scheme's approach need to develop to keep pace?
The Pensions Regulator (TPR) is "working closely" with government contractor Interserve and the trustees of its defined benefit (DB) pension schemes, it has confirmed.
The industry has welcomed the Department for Work and Pensions' (DWP) consultation on defined benefit (DB) consolidation as a way to address scheme covenant issues.
BMO Global Asset Management has opened a UK fiduciary management business, promising a "truly open architecture" approach to deliver "better client outcomes".