The trustees of the £2bn Plumbing and Mechanical Services (UK) Industry Pension Scheme are seeking court approval to use scheme funds in potential upcoming legal battles.
The trustees of the beleaguered industry-wide Plumbing and Mechanical Services (UK) Industry Pension Scheme have confirmed it will close to accrual in June.
This week's top stories included two more master trusts applying for authorisation as the market continues to reshape under the strengthened regime.
Employers in an industry-wide defined benefit (DB) scheme are braced to receive demands to pay section 75 debts.
Plumbing pensions trustees are "failing in their duty" to provide participating employers with the information they need to prepare for onerous section 75 debts, the Plumbing Employers Action Group (PEAG) says.
Defined contribution (DC) and contracted-out rights will be allowed to be transferred without member consent under regulations soon to be introduced.
The High Court has ruled that Wedgwood made an effective and valid decision when closing the Wedgwood Group Pension Plan (WGPP) to future accrual and ending the final salary link.
The Plumbing and Mechanical Services (UK) Industry Pension Scheme has temporarily banned any of its sponsoring employers from leaving the scheme.
Anne-Marie Winton looks at how a proposed Section 75 amendment could help non-associated multi-employer schemes.
The Institute of Chartered Accountants of Scotland (ICAS) has called on the Scottish government to reform cessation debt rules in the Local Government Pension Scheme (LGPS).
National Milk Records (NMR) is proposing to shareholders that it withdraws from the multi-employer Milk Pension Fund (MPF).
The impact of a takeover on a pension scheme can be significant. Tom Jackman looks at how trustees can ensure they are on the front foot.
For sponsors in a multi-employer scheme, section 75 debt can be the bane of their operations. James Phillips explores whether DWP's plans to tackle this go far enough
The Department for Work and Pensions (DWP) has launched a consultation on allowing employers in multi-employer schemes to defer their cessation debt.
Trustees of an industry-wide charity pension scheme have completed a £70m buy-in with Aviva, which will flip into a full buyout with the insurer over the next 12 months.
Shadow work and pensions minister Debbie Abrahams has attacked the government for a lack of detail in the Pension Schemes Bill.
Government keen to soften the blow on departing sponsors
The government is consulting on relaxing the employer debt regime that requires firms to pay their portion of any deficit in full when they leave a multi-employer scheme.
The High Court has ruled the £74m Section 75 debt of the Kaupthing Pensions Scheme can be sold, paving the way for the wind up of the scheme to be completed.
A judge has ruled The Pensions Regulator (TPR) may issue multiple contribution notices to Lehman Brothers companies that exceed the value of its scheme's section 75 (s75) debt.
The multi-employer Lloyds Superannuation Fund has insured £40m of its liabilities with Pension Insurance Corporation (PIC).
The Pensions Regulator (TPR) has warned trustees and employers within multi-employer defined benefit (DB) schemes that they cannot count deficit repair contributions as payments towards section 75 (s75) debts as well.
Rachel Dalton looks at how charities supporting DB schemes are being hit hard by the recession
The Pensions Regulator has published guidance confirming the creation of flexible rules for sponsors which leave multi-employer defined benefit schemes.