Lane Clarke & Peacock (LCP) has warned that an “unwelcome year-end headache” is looming following last month’s GMP equalisation ruling, as XPS Pensions Group revealed schemes owe members up to £32,000.
The PPF's compensation regime has been subject to a number of court challenges. Jonathan Hazlett takes a look at the complexities involved
This week’s top stories included a High Court judgement ruling the Pension Protection Fund’s compensation caps age discriminatory, while the revenue of the three biggest pension consultancy firms saw a year-on-year dip for 2019.
The compensation caps applied by the Pension Protection Fund (PPF) have been deemed age discriminatory by the High Court in another slap down of the lifeboat regime.
A High Court battle has begun between the government and four railways companies after they were excluded from franchise bids due to their approach to the £27bn Railways Pension Scheme (RPS).
Justice Antony Zacaroli has approved the settlement deal between British Airways (BA) and the trustees of the Airways Pension Scheme (APS).
Three directors who liberated just under £12m worth of pension savings have been disqualified for a total of 34 years for misleading investors over a period of 30 months.
Rothesay Life has lodged an appeal against the High Court’s decision to block the £12bn transfer of Prudential’s annuity book.
The top stories this week were the High Court's decision to block the £12bn annuity transfer from Prudential to Rothesay Life, and a separate court ruling that 'raises the bar' for pension rectification exercises.
The High Court has blocked the £12bn transfer of Prudential's annuity book to Rothesay Life, citing the insurer's lack of "established reputation" and differing "capital management policies".
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.
Insurance companies offering buy-ins and buyouts prefer pension schemes which adopt the D2 method of equalising guaranteed minimum pensions (GMPs), Hymans Robertson has found.
Lloyds Banking Group secured 630,000 new pension customers last year, according to its 2018 annual results.
The industry needs to step up efforts to ensure guaranteed minimum pension (GMP) equalisation exercises are completed in time, and in a cost effective way, according to Aon.
Coats' pension scheme members are not entitled to annual increases of 5%, the High Court has ruled in a rare instance of a court overturning a decision of The Pensions Ombudsman.
The combined pension deficit of FTSE 350 companies grew by £9bn in December 2017 to £41bn one year later on an accounting basis, according to Mercer's funding tracker.
Deliveroo riders have been denied pension rights in a gig economy case which has swung against the outcomes of a series of similar court battles.
The ACA and Royal London have published a joint policy paper on a 'radically simplified' DB structure. Kim Kaveh looks at the proposals.
The combined funding level decreased by just over four percentage points by the end of last month to 93.6%, according to the Pension Protection Fund's (PPF) latest update.
The High Court ruling on guaranteed minimum pension (GMP) equalisation may have said various methods were possible but, in practice, schemes will find it fairly easy to implement, legal experts say.
Thousands of defined benefit (DB) schemes will be forced to amend their scheme rules and equalise guaranteed minimum pensions (GMPs) between men and women, the High Court has ruled.
A potentially landmark case has been launched in the High Court as Lloyds Bank seeks guidance on how to address equalisation of guaranteed minimum pensions (GMPs).
The Department for Work and Pensions (DWP) has launched a consultation to clarify how the Pension Protection Fund (PPF) should treat transferred-in defined benefit (DB) entitlements when calculating compensation.
A damning report on the pre-sale audit of BHS is set to be published after the High Court last week refused to meet Sir Philip Green's wish to gag the Financial Reporting Council (FRC).