Southern Water will be forced to cough up more money for its pension scheme earlier than planned after The Pensions Regulator (TPR) intervened in what it said was "unfair treatment" of the scheme.
Around £50m of additional money will be paid into the scheme over a shorter recovery plan period, with initial payments up to twice as much as detailed in the recovery plan following the scheme's 2013...
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).