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.
Rothesay Life has lodged an appeal against the High Court’s decision to block the £12bn transfer of Prudential’s annuity book.
Pension schemes have been warned they may now face a more challenging legal test if they wish to fix drafting errors.
The changes likely to be required in public sector pension schemes following the McCloud judgement could have significant financial consequences for public sector outsourcing contractors, Aon says.
This week's top stories included the Financial Conduct Authority announcing it would carry out further investigations on defined benefit transfers.
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.
Nearly 30 years after an initial decision to grant increases to members, the Court of Appeal has invalidated the decision, reducing members' benefits. James Phillips reports
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.
The government will pause planned changes to public sector pensions as it faces an estimated £4bn annual bill after losing a legal battle last year.
BT has lost a Court of Appeal attempt to swap one section of its defined benefit (DB) pension schemes from the Retail Prices Index (RPI) to the Consumer Prices Index (CPI).
Trustees of the Airways Pension Scheme (APS) have confirmed they will appeal to the Supreme Court over a recent Court of Appeal judgment striking down their ability to award discretionary increases.
Trustees of the Airways Pension Scheme (APS) will not make a firm decision on whether to appeal the Court of Appeal's judgment on discretionary increase payments until September.
Members of the Airways Pension Scheme (APS) have written to trustees demanding a meeting over why they have not yet decided whether to appeal the recent Court of Appeal judgment, PP can reveal.
An overwhelming majority of this week's Pensions Buzz respondents agreed with the Pensions and Lifetime Savings Association (PLSA) that national retirement income targets should be developed to help people understand how much to save for retirement.
Jonathan Stapleton says sponsors are likely to consider whether trustees can be challenged on their use of discretionary powers, following the British Airways ruling
Stephen Richards says the 'paymasters' principle is likely to be scrutinised closely in light of British Airways' landmark win in the Court of Appeal.
British Airways (BA) will not have to pay a £12m discretionary benefit its trustees had unilaterally granted, the Court of Appeal has ruled.
Trustees would have limited role in scheme governance if their duties simply include applying the employers' remuneration strategy and always seeking consent for other changes, the Court of Appeal has been told.
Concluding that the purpose of a pension scheme is not simply to apply the employer's preferred remuneration strategy would result in trustees becoming "paymaster", the Court of Appeal has been told.
British Airways and one of its schemes' trustees are set to argue over the purpose of a pension scheme, leading to an impactful judgment for DB pensions. James Phillips explores the issue
Jonathan Stapleton looks at this summer's developments in pensions regulation, and asks what has happened to the August lull.
Two Court of Appeal judgments have allowed schemes to introduce a pensionable pay cap. James Phillips explains the reasons why and what to be aware of
The landmark Court of Appeal judgment which allowed IBM to impose a cap on increases in pensionable pay will not be appealed to the Supreme Court, according to a members' forum.
This week's top stories included reports that chancellor Philip Hammond is considering cutting higher-rate tax relief in the Autumn Budget, while the Court of Appeal ruled IBM had the right to impose a cap on increases in pensionable pay.