Box Clever Pension Scheme
ITV offers £31m to support Box Clever Pension Scheme
ITV has submitted a £31m offer to The Pensions Regulator (TPR) for the Box Clever Pension Scheme after being forced to set out how it would financially support the scheme following a lengthy court process.
ITV given six month deadline for Box Clever funding plan
The Pensions Regulator (TPR) has told ITV and four connected firms that they must deliver a future funding plan for the Box Clever Group Pension Scheme within six months.
Five stories you may have missed this week
This week's top stories included the Financial Conduct Authority announcing it would carry out further investigations on defined benefit transfers.
Court of Appeal rejects ITV appeal against TPR in Box Clever case
The Court of Appeal has dismissed ITV's appeal against a financial support direction (FSD) issued by The Pensions Regulator (TPR) in a long-running case over the Box Clever Pension Scheme.
The pension court cases to watch in 2019
A groundhog year kicks off as many of 2018's biggest court cases return on appeal. James Phillips rounds up what trustees should keep an eye on.
EXCLUSIVE: TPR spent £3.1m on external costs in Box Clever case
The Pensions Regulator (TPR) has revealed to PP it spent £3.1m in total external costs for the investigation and litigation relating to the Box Clever pension scheme.
What the Box Clever judgment means for TPR's powers
The Upper Tribunal has ruled in favour of TPR in its long-running dispute with ITV over the Box Clever pension scheme. James Phillips explores the impact of the judgment.
Upper Tribunal rules in favour of TPR in ITV Box Clever case
The Pensions Regulator (TPR) was right to use its powers to seek financial support from ITV for members of the Box Clever pension scheme, the Upper Tribunal has said.
Five stories you may have missed this week
This week's top stories included The Pensions Regulator naming schemes and trustees for chair's statements failures, and coverage of the final day of the Box Clever case in the Upper Tribunal.
Day nine: Box Clever trustees fall foul of 'reverse moral hazard'
The trustees of the Box Clever Group Pension Scheme committed a form of "reverse moral hazard" by running the scheme on while its participating employers were in administrative receivership, ITV has claimed.
Day seven: Watchdog's FSD 'does not interfere with human rights'
The Pensions Regulator (TPR) has rebutted an assertion by ITV that its anti-avoidance action in relation to the Box Clever Group Pension Scheme is a breach of the human right to property.
Day six: Trustees 'reasonable' to run Box Clever scheme on once company insolvent
Entering a Pension Protection Fund (PPF) assessment when Box Clever went bust would have "jeopardised" its scheme's ability to secure additional sources of funding, the Upper Tribunal has been told.
Day five: Granada and Thorn 'sold businesses to Box Clever for too high a price'
Granada and Thorn sold their respective TV rental businesses for too high a price, meaning the eventual Box Clever venture was too highly leveraged, the Upper Tribunal has been told.
Why Box Clever case spells big test for TPR's powers
For the first time, TPR is testing its anti-avoidance powers in the courts in a bid to impose an FSD on ITV. James Phillips explores the implications.
ITV and TPR to continue battle over Box Clever pension support in January
The Pensions Regulator (TPR) and ITV will resume a battle in the courts in January in the first instance of an anti-avoidance case being heard in full by the Upper Tribunal.
Supreme Court rejects ITV application for appeal over Box Clever
The Supreme Court has refused to hear an appeal by ITV over whether The Pensions Regulator (TPR) could expand on its allegations against the media giant in the Box Clever case.
UPDATED: ITV attempt to take Box Clever case to Supreme Court rejected
ITV's application to take the ongoing Box Clever legal battle to the Supreme Court has been rebuffed by the Court of Appeal.
Court upholds ITV's appeal in Box Clever case
ITV Group has won its appeal against a legal decision refusing to strike out parts of the long-standing Box Clever Pension Scheme case.
Box Clever scheme enters PPF assessment as legal battle 'drags on'
The Box Clever Pension Scheme has started an assessment period with the Pension Protection Fund (PPF) to decide if it will have to enter the lifeboat fund.
Box Clever case back in court
ITV is attempting to have some of the claims levelled against it in the Box Clever case struck out at the Upper Tribunal.
Top 20 news stories of 2012
It has been a record year for pensions news. On top of new regulations, defined ambition, tax changes and public sector reform, there have been mergers, acquisitions, industry spats and campaigns. Here, PP brings you the top 20 stories of the year in...
Analysis: Box Clever case sets precedent
Michael Bow delves into the complex background of the latest FSD
Comment: Intervention leaves ITV not boxing so clever
Jenna Towler's take on the ITV Box Clever FSD
Highly leveraged Box Clever deal put ITV in regulator's sights
The Pensions Regulator has released its reasoning for issuing a series of financial support directions to the ITV group over the beleaguered Box Clever Pension Scheme.
