Former BHS owner Dominic Chappell has been issued with a £10m bill by The Pensions Regulator (TPR) as it seeks to recover money for the collapsed retailer's pension scheme.
Under TPR rules, the former bankrupt businessman was given 28 days - a period which is understood to expire within the next fortnight - to refer the order to the Upper Tribunal for the judgment to be reviewed,...
This week's top stories included the Department for Work and Pensions issuing two separate consultations on the pensions dashboard and defined benefit consolidation.
A regime similar to that for defined contribution (DC) master trusts will be set up for regulating defined benefit (DB) consolidators under plans announced today.
Defined benefit (DB) superfunds that wish to enter the market must talk to The Pensions Regulator (TPR) about their plans before opening for business.