Jonathan Stapleton on why NIP may not be the ‘slam dunk’ opportunity pensions funds need
Scheme deficits levelled off in October as equity markets remained flat and gilt yields picked up slightly, according to the Pension Protection Fund.
The government must address "artificially high deficit figures" and a potential "significant" hike in Pension Protection Fund levies, the CBI says.
The Pensions Regulator has released details of its probe into GP Noble Trustees - vowing to take "swift action" to disrupt fraud in the future.
Total defined benefit liabilities for UK schemes deflated to £267bn last month after May's record high of £312bn, according to Pension Protection Fund data.
Schemes could find themselves "frozen out" of the Pension Protection Fund if their sponsoring employer is based overseas and fails certain tests, a lawyer warns.
UK defined benefit schemes have hit a funding low after combined deficits increased nearly £100bn last month to hit £312bn, statistics show.
The Pension Protection Fund is set to bring its compensation administration in-house and run its own customer service operation.
Government plans to enforce GMP equalisation will bring about a fresh wave of defined benefit scheme closures and could imperil the overall health of the economy, the industry warns.
The man responsible for mediating a £2.1bn UK pension claim on bankrupt firm Nortel Network's assets has launched a website to keep people up to date with developments.