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.
The Pensions Regulator (TPR) has used its anti-avoidance powers to ensure members of a defined benefit (DB) scheme receive their full benefits.
Financier Edmund Truell believes he can protect British Steel benefits. Michael Klimes examines the details
The BHS case has raised questions about the powers of trustees to hold sponsors to account. Michael Klimes looks at whether they should have more control
A shift in longer dated gilt yields of 0.3% triggered by a Brexit could change defined benefit (DB) liabilities by £70bn according to the Society of Pension Professionals (SPP).
A majority of respondents believe the British Steel Pension Scheme will end up going into the lifeboat fund.
Defined benefit (DB) pension schemes should move away from index-linked gilts and increase exposure to risk assets in order to plug deficits, according to research by Fathom Consulting.
Martin Boniface has been made executive director at JLT Employee Benefits and will be responsible for running the trustee and corporate consulting arm of the business.
Hamish Reeves has been made an associate director at Lincoln Pensions
Tony Baily has been appointed client director by Cardano and joins from Aon Hewitt where he was a partner.
James Chalk has been hired by PwC as it expands its pensions employer covenant business in north England centred on Leeds and Manchester.
Pensions Buzz: sponsors can't push trustees around
A checklist for trustees and sponsors
Employers are failing to fully hedge their liabilities after a study revealed half of the FTSE350 still had a proportion of their market capitalisation valuation un-hedged.
The scheme at the heart of a legal dispute between trustees and the Pension Protection Fund has finally completed its transfer to the lifeboat fund one year after it went into liquidation.
The Pensions Regulator has urged trustees to ensure schemes are compliant with data protection principles after concerns were raised over ‘mixing' scheme and sponsor data.
Regulators should promote countercyclical funding policies, like providing better tax ceilings for over-funded schemes, in order to support the continuation of defined benefit plans, the OECD said.