Newspaper publisher Johnston Press is pushing on with hopes to detach itself from its defined benefit (DB) pension scheme as it launched a search for a buyer.
Richard Favier says the process for regulated apportionment agreements is complex, lengthy, expensive, but there is a solution
Publishing house Johnston Press is seeking a regulated apportionment agreement (RAA) to detach its pension scheme ahead of a company-wide restructure, according to reports.
Ensuring British Steel workers were well-equipped to make a decision on their future pension provision was "afforded insufficient priority", and the regulator now needs to review the process, the Work and Pensions Committee (WPC) has said.
Carillion's 13 UK defined benefit (DB) schemes were added to the Pension Protection Fund's (PPF) watch list by autumn last year, the Financial Times reports.
Richard Favier says extending the 12-month period would result in a lot of companies seeking to pass their pension debts to the PPF
This week's top stories included the revelation that the Communication Workers Union was planning to cut its pension provision, despite launching a ballot for industrial action against Royal Mail for similar plans.
A regulated apportionment arrangement (RAA) has been conducted for the British Steel Pension Scheme (BSPS) after no appeals were lodged since it was agreed in principle last month.
Jonathan Stapleton looks at this summer's developments in pensions regulation, and asks what has happened to the August lull.
This week we want to know if it is correct to define professional trustees as those who promote themselves as having expertise in trustee matters to schemes they have no connection with.
The Pensions Institute argues RAA processes should be streamlined and trustees should be able to reduce benefits in a bid to help those struggling with deficits, James Phillips reports.
The Pensions Regulator (TPR) should be allowed to alter scheme indexation and benefits to ensure members get at least "second-best" outcomes.
The British Steel Pension Scheme (BSPS) has revealed the number of steelworkers cashing in their defined benefit (DB) pensions more than doubled to 482 in the year to March 2017.
This week's top stories included coverage of a regulated apportionment arrangement agreed for Hoover's pension scheme.
Hoover has become the latest firm to cut its defined benefit (DB) pension scheme adrift after The Pensions Regulator (TPR) and Pension Protection Fund (PPF) approved the plan.
This week's top stories include coverage of the political party manifestos ahead of the snap general election, and Tata Steel nearing a deal for the British Steel Pension Scheme.
Tata Steel has agreed the "key commercial terms" of a regulated apportionment arrangement with the British Steel Pension Scheme (BSPS) in a deal that could be worth in excess of £550m.
Tata Steel has reportedly offered a one-off £520m payment into the British Steel Pension Scheme (BSPS) in an attempt to cut ties with the fund.
The Department for Work and Pensions (DWP) has launched a consultation which considers allowing contracted-out pensioner members to transfer to schemes which have never been contracted-out.
A deal on separating the British Steel Pension Scheme (BSPS) from Tata Steel may be just two or three months away, according to reports.
This week's top stories included coverage of Sir Philip Green's agreement to pay £363m into a new pension scheme for former British Home Stories (BHS) workers.
Hoover has revealed it is pushing for a deal to send its defined benefit (DB) scheme into the Pension Protection Fund (PPF) in order to avoid collapse.
Joanna Smith looks at how the Halcrow Pension Scheme was restructured
Tata Steel UK's intention to close the British Steel Pension Scheme (BSPS) to future accrual has been "raised" in discussions with unions, according to a lawyer close to the matter.