There are as many as 500 members of the Carrington Wire Pension scheme. No doubt they will be disheartened by The Pensions Regulator's (TPR) £8.5m settlement with two Russian steel firms.
Although the regulator is pursuing a third target for recoveries, this will not keep it out of the Pension Protection Fund (PPF). The scheme had a deficit of £27m at May 2014. Members now have to accept...
The Pensions Regulator (TPR) is focusing on reducing the number of "poorly-run" schemes as it seeks to improve standards across the board.
Prudential Retirement has completed around $2.6bn (£2bn) of reinsurance contracts for UK pension scheme longevity risk since the start of the year, it has disclosed.
Funding standards for DB schemes have increased exponentially over the past decades. Con Keating says such significant overstatement of liabilities will lead to pushback through the courts.
PP has compiled a list of what to watch out for over the coming months.