Survey shows 49% of respondents say covenant risk has risen over the last 12 months
Trustees urged to understand importance of robust stress testing and regular monitoring
Organisation said new funding regime means a different approach to covenant
Regulator makes clear how it intends new DB funding regime will operate
Former BHS owner Dominic Chappell potentially faces his fourth personal bankruptcy in order to pay £9.5m of contributions he owes to the failed retailer’s pension schemes.