Interserve's numerous defined benefit (DB) schemes have retained a sponsor link after the company entered into administration and was sold.
Shareholders last week rejected a rescue plan which would have seen around half of the beleaguered contractor's debt cancelled with additional funds lent in return for a majority stake in the business....
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).