More than two thirds of pension professionals have said the Pension Protection Fund (PPF) and the Pensions Regulator (TPR) should be combined, according to a survey.
CH2M has warned criticism from the Halcrow Pensioners Association (HPA) over its rescue plan for the Halcrow scheme goes against the best interests of members.
The total funding level of the Pension Protection Fund (PPF) 7800 index fell to 81.5% by the end of May.
The top stories this week were the Pension Scheme of the Year Award shortlist, the potential effects of the British Steel inflation rule change and BHS.
Proposed plans to curb Halcrow Pension Scheme (HPS) benefits have been called into question by the Halcrow Pensioners Association (HPA).
Most respondents believe a move away from selling products is essential
Over recent weeks we have seen many developments in the BHS drama. PP takes a look
CH2M has announced proposed plans to curb benefits for the 3,300 members of the beleaguered Halcrow Pension Scheme (HPS).
The Halcrow Pensioners Association (HPA) says The Pensions Regulator (TPR) could have done more to help prevent the scheme's spiralling pension deficit.
Allowing the British Steel scheme to ditch RPI for statutory minimum levels could lead to big losses for older members and create a loophole for other DB schemes, writes Stephanie Baxter.