Plumbing and Mechanical Services (UK) Industry Pension Scheme
Law and Regulation
Gunnercooke issues summons against former chairman over alleged ‘maladministration’
11 November 2021
•
3 min read
Defined Benefit
The Plumbing and Mechanical Services (UK) Industry Pension Scheme was 99% funded on a low-dependency basis, a valuation conducted amid economic turmoil has confirmed.
12 February 2021
•
2 min read
Defined Benefit
Plumbing Pensions faces a watershed moment after a governance review and strong valuation, says trustee chairman Jon Bridger.
12 February 2021
•
16 min read
Defined Benefit
The Plumbing and Mechanical Services (UK) Industry Pension Scheme has appointed independent consultant Pi Consulting to conduct a review of its governance.
04 September 2020
•
2 min read
Defined Benefit
The trustees of the £2bn Plumbing and Mechanical Services (UK) Industry Pension Scheme are seeking court approval to use scheme funds in potential upcoming legal battles.
19 March 2020
•
2 min read
Defined Benefit
The Plumbing and Mechanical Services (UK) Pension Scheme has completed its 2017 valuation, calculating scheme assets were enough to cover 102% of its liabilities.
06 August 2019
•
2 min read
Defined Benefit
The trustees of the beleaguered industry-wide Plumbing and Mechanical Services (UK) Industry Pension Scheme have confirmed it will close to accrual in June.
24 May 2019
•
4 min read
Defined Benefit
Employers in an industry-wide defined benefit (DB) scheme are braced to receive demands to pay section 75 debts.
04 February 2019
•
2 min read
Defined Benefit
Plumbing pensions trustees are "failing in their duty" to provide participating employers with the information they need to prepare for onerous section 75 debts, the Plumbing Employers Action Group (PEAG) says.
29 January 2019
•
3 min read
Defined Benefit
A ban on employers leaving an industry-wide plumbing pension scheme has been extended for six months in a bid to protect the covenant.
02 January 2019
•
1 min read
