Sponsor
British Steel Pension Scheme moves step closer to RAA after terms agreed
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.
TPR flexes anti-avoidance muscles to protect benefits
The Pensions Regulator (TPR) has used its anti-avoidance powers to ensure members of a defined benefit (DB) scheme receive their full benefits.
Can British Steel pensions be saved without cuts?
Financier Edmund Truell believes he can protect British Steel benefits. Michael Klimes examines the details
Should trustees have more powers to hold sponsors to account?
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
DB liabilities could change by £70bn due to Brexit
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).
PPF is most likely route for British Steel scheme
A majority of respondents believe the British Steel Pension Scheme will end up going into the lifeboat fund.
DB schemes are 'too defensive' and should 're-risk into equities'
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.
JLT Employee Benefits appoints executive director to support expansion
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.
Lincoln Pensions expands with appointment of associate director
Hamish Reeves has been made an associate director at Lincoln Pensions
Cardano expands team with client director hire
Tony Baily has been appointed client director by Cardano and joins from Aon Hewitt where he was a partner.
PwC grows employer covenant practice in north England
James Chalk has been hired by PwC as it expands its pensions employer covenant business in north England centred on Leeds and Manchester.
Trustees call the shots at DB schemes says industry
Pensions Buzz: sponsors can't push trustees around
The four eurozone risks trustees should watch out for
A checklist for trustees and sponsors
FTSE350 firms failing to hedge scheme liabilities
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.
Ilford Pension Scheme completes PPF entry
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.
TPR recognises risk of 'mixing' data
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.
OECD: Countercyclical policies needed to prevent DB closures
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.
