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.
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.
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
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.