Over half a billion pounds in contributions set to plug the Kodak Pension Plan deficit are under threat after the firm backing the scheme went bankrupt.
Defined benefit scheme funding levels have plunged by one-fifth over the past year dragging a further 83 previously fully funded schemes into deficit, data shows.
Sackers has promoted Caroline Legg from associate director to partner.
The Pension Protection Fund is setting up a panel of administration firms in a bid to cut the time schemes spend in its assessment period.
Panellists discuss the extent to which trustees should be looking to review covenants and how to interpret findings and implement changes
The £274m Woolworths Group Pension Scheme is set to enter the Pension Protection Fund just over three years after the collapse of its sponsoring employers.
Ministers and pension scheme representatives are set to meet every fortnight over the next three months to plot a course to boost funding in UK infrastructure.
The historic Wedgwood Museum collection could be sold off after the High Court ruled the artefacts could be disposed of to pay off debts, which include a £134m liability owed to the pension scheme.
The Pension Protection Fund 2012/13 levy determination has been set at £550 - the lowest ever demand.
Defined benefit funding ratios continued to fall last month with deficits rising by almost £65bn, according to the PPF 7800 Index.