Courts in Canada and the US have blocked The Pensions Regulator's attempts to seek £2.1bn from Nortel Networks on behalf of the struggling UK pension scheme.
Tom Selby looks at The Pensions Regulator's refusal to allow Reader's Digest UK to avoid administration
Russell Investments has been appointed to a panel of investment consultants advising the Pension Protection Fund.
UK - A new batch of regulations could allow the unguaranteed part of the BT Pension Scheme to fall into the Pension Protection Fund, a lawyer said.
A new batch of regulations could allow the unguaranteed part of the BT Pension Scheme to fall into the Pension Protection Fund, a lawyer says.
Four more pension schemes entered the Pension Protection Fund last month.
The aggregate funding position of the 7400 defined benefit funds monitored by the Pension Protection Fund worsened to a deficit of £51.9bn in January.
The Pension Protection Fund has performed well overall but needs to adapt its investment processes as more schemes enter the fund, the National Audit Office says.
The strongest companies could see their Pension Protection Fund levy triple because of uncertainty around how their failure scores are calculated, Mercer warns.
UK - Lawrence Churchill is to leave his post as chairman of the Pension Protection Fund to become the first chairman of NEST Corporation, the trustee body overseeing the country's new personal accounts scheme.