Carillion
What to do if your scheme hits the media spotlight
Patrick Foster draws on his experience supporting trustees through insolvency events to set out what trustees need to prepare for.
FRC targets £1m from pension schemes under 2020/21 levy
The Financial Reporting Council (FRC) is aiming to raise £1m from its voluntary levy on pension schemes for the 2020/21 financial year, according to its draft annual budget.
PPF reaches 1,000 scheme milestone as the Carillion Rail Pension Scheme transfers
The Pension Protection Fund (PPF) has secured the benefits of 4,000 members of the Carillion Rail Pension Scheme after it became the 1,000th scheme to transfer to the lifeboat fund.
General election 2019: the pensions manifesto the industry wants to see
With political parties drawing up their manifestos for next month’s general election, Kim Kaveh explores the industry’s ambitions for future pensions policy.
Keep on running: The challenges of a self-sufficiency approach
Boris Mikhailov looks at the risks and benefits for schemes targeting self-sufficiency
Five stories you may have missed this week
This week's top stories included XPS Pensions Group announcing plans to acquire Royal London's corporate pension services division.
Carillion moves 4,100 DC members into LifeSight
Carillion has moved the members of three of its defined contribution (DC) schemes into Willis Towers Watson's master trust, LifeSight.
The top 20 opinion articles of 2018
What were the most read opinion pieces on Professional Pensions over the last 12 months? We look at some of the top pieces from our commentators during the year.
TPR in talks with Interserve scheme trustees amid recovery plan talks
The Pensions Regulator (TPR) is "working closely" with government contractor Interserve and the trustees of its defined benefit (DB) pension schemes, it has confirmed.
Budget 2018: PPF and schemes to fall in insolvency priority ladder
Defined benefit (DB) schemes and the Pension Protection Fund (PPF) are set to receive even less in sponsor insolvencies as the Treasury moves the taxman higher up the repayment ladder.
Auditors' accountability to pension trustees faces CMA scrutiny
"Defective" company audits could mean millions of savers in pensions funds are "losing out", says the Competition and Markets Authority (CMA) as it launches a probe of the audit sector.
Robin Ellison: Why regulators are getting it wrong
In a hard-hitting interview with Stephanie Baxter, the former chairman of Carillion Pension Trustees explains why he thinks a blame culture and too much red tape are damaging pensions and why he feels regulators are getting it wrong.
One in five FTSE 350 companies do not disclose funding deficit or surplus position
FTSE 350 companies are failing to disclose to stakeholders a range of important data about their defined benefit (DB) obligations, a Lincoln Pensions study finds.
More muscle to the regulator or just Big Brother?
Lesley Browning doubts whether some, or indeed any, of the proposed powers for TPR would have prevented collapses like BHS and Carillion.
Next TPR chief must have courage to speak truth to power
Robin Ellison says regulators should rethink their ambitions, as some things cannot and shouldn't be regulated
How the PPF is modernising member services
The Pension Protection Fund is meeting the challenges of a fast growing member base by insourcing services and adopting new technologies. Stephanie Baxter speaks to chief customer officer Sara Protheroe
PPF's funding ratio rises to 122.8% despite challenging year
The Pension Protection Fund has seen its funding level improve by 1.2 percentage points, after enjoying above target returns in a year when it took on pension schemes of big corporates like Carillion.
Light at the end of the tunnel for DB sponsors?
Martin Hunter says while new TPR powers will increase the burden on all DB employers, it isn't all doom and gloom
Lesley Titcomb: Balance between employer and member interests not always right
The Pensions Regulator (TPR) says it may have made mistakes but faces complex decisions to balance member and employer interests.
Carillion highlights importance of corporate investigations
Baroness Ros Altmann says more DB trustees should seek independent forensic analysis on the sponsor's business and financial position
Steve Webb: Does The Pensions Regulator deserve the criticism it's getting?
The regulator has come under significant criticism in the wake of the Carillion affair. Sir Steve Webb asks if the flak it is getting is fair?
MPs question watchdog's leadership in letter to TPR chairman
A "tentative and apologetic approach is ingrained" at The Pensions Regulator (TPR) but its leadership is not equipped to make the cultural change required for more effective oversight, MPs have said in a letter to the regulator.
Labour sets up regulatory review in pledge to block further 'Carillion scandals'
The Labour party will hold an independent review of financial services regulatory bodies in the wake of the collapse of construction giant Carillion.
Providers should develop default retirement pathways, say respondents
In this week's Pensions Buzz we asked if, following the announcement that Smart Pension and Legal and General are developing the first default retirement pathway combining annuities and drawdown, other providers should follow suit.
