The newspaper publisher is offering a one-off upfront £41.2m cash payment and £29.2m deficit recovery plan for the Northern & Shell defined benefit (DB) schemes as part of its planned acquisition.
Frank field is a good thing for pensions and the government will make the necessary legislative changes to allow CDC, according to industry
In this week's Pensions Buzz we want to know if you think Frank Field, chairman of the Work and Pensions Committee, is a good thing for pensions.
Documents published by two select committees reveal there were warning signs about construction group Carillion's position and illustrate the "chronic underfunding" of the 13 UK defined benefit (DB) schemes.
As the Work and Pensions Committee's consultation on CDC closes, Stephanie Baxter asks whether it could offer a viable alternative in the binary pensions system
"We must do something, this is something, therefore we must do this," is the politician's fallacy famously expounded by Sir Humphrey Appleby in the BBC sitcom Yes, Prime Minister.
The Pensions Regulator (TPR) has provided little evidence of hard action despite being aware of problems at Carillion since at least 2008, Work and Pensions Committee (WPC) chairman Frank Field has said.
UPDATED Robin Ellison: TPR 'decided not to exercise powers' despite trustee concern over Carillion schemes
The Pensions Regulator (TPR) failed to use its powers to force Carillion to pay higher contributions into its schemes despite trustees repeatedly raising concerns over the issue, Robin Ellison has said.
The Work and Pensions Committee (WPC) and the Business, Energy and Industrial Strategy Committee (BEISC) will hold two sessions to probe why Carillion went into liquidation.
Steve Webb says there are various ways to take action on executives who try to line their pockets by putting workers' pensions at risk
Barclays Bank has defended plans to move its defined benefit (DB) pension scheme to its investment banking arm once it splits in April.
Carillion's 13 UK defined benefit (DB) pension schemes had a combined £2.6bn buyout deficit upon its collapse on 15 January, according to an analysis for Sky News.
Jonathan Stapleton says in light of the construction giant's collapse, the government must urgently tackle the issue of scheme funding.
What were the most read analysis articles on Professional Pensions over the last 12 months? Here are the top stories of the year
The Work and Pensions Committee (WPC) has said a cold-calling ban could be in place by summer if the government heeds its suggestions.
The Work and Pensions Select Committee has launched an inquiry into the merits of collective defined contribution (CDC) pension schemes, and the potential role they could play in saving for retirement.
Former pensions minister Baroness Ros Altmann has claimed civil servants gave explanations that "didn't really ring true" for not introducing a cold calling ban while she was in office.
The "legislative paralysis" since June's snap general election and the dominance of Brexit debates means the Chancellor could tinker with "monstrous" tax relief in his Autumn Budget in November, Sir Steve Webb has said.
Over 50 academics in the Universities Superannuation Scheme (USS) have urged the fund's trustees to explain calculations used to calculate its deficit.
The House of Commons has begun announcing the members of the Work and Pensions Committee (WPC).
Coverage of the growth of the Universities Superannuation Scheme (USS) deficit is 'scaremongering', former pensions minister Baroness Ros Altmann has told the House of Lords.
Con Keating writes an open letter to Frank Field MP, the chairman-elect of the Work and Pensions Committee, about the Universities Superannuation Scheme (USS). Here it is in full…
The industry does not believe the government's proposed cold calling ban will impact on providers' confidence to contact members about the importance of savings.
Jonathan Stapleton looks at this summer's developments in pensions regulation, and asks what has happened to the August lull.