Jenna Towler looks at the consequences of the Imperial case
Philip Jelley explains why using a company's shares to satisfy a final-salary pension scheme's debt can prevent insolvency.
The aggregate deficit of schemes monitored by the Pension Protection Fund fell from £13.5bn, to £8.3bn in June.
One in six defined benefit schemes has been pledged a contingent asset to shore up recovery plans in a review of more than 1,800 plans by The Pensions Regulator.
The government must review Pension Protection Fund and Financial Assistance Scheme levels of benefits or risk seeing pensioners becoming much poorer, Susan Andrews warns.
The balance of schemes monitored by the Pension Protection Fund has fallen from a surplus of £2.3bn to a deficit of £13.5bn since the end of April, figures show.
UK - The Pension Protection Fund has appointed a further four actuarial firms in a major extension of its ‘assess and pay' project to speed up scheme entry into the lifeboat fund.
The Pension Protection Fund has appointed a further four actuarial firms in a major extension of its ‘assess and pay' project to speed up scheme entry into the lifeboat fund.
The Department for Work and Pensions has launched a consultation to extend the rules of the Financial Assistance Scheme to insure schemes exempt from the Pension Protection Fund.