The High Court ruling granting trustees ‘super priority' in obligations arising from a financial support direction against insolvent companies "desperately cries out for legislative intervention", lawyers say.
A new industry body has been created to set the standards for independent financial advisers working on member transfer incentive exercises.
Laura Blows asks Standard Life's John Lawson how companies can start taking practical steps to prepare for auto-enrolment
Changes to longevity assumptions for the latest round of triennial valuations have sent defined benefit scheme liabilities soaring by £50bn, longevity experts say.
UK - The Pensions Regulator should be more accountable and promote high-quality workplace pensions, trustees and scheme managers believe.
Defined contribution provision provides a "grossly inadequate" income and is condemning future elderly to a life of poverty, research by a think tank reveals.
The Pensions Regulator is expected to argue in the High Court today that a liability that flows from a financial support direction should be treated as an administration expense.
The Pensions Regulator has appointed more than 600 independent trustees to troubled pension schemes over the past two years.
Jonathan Stapleton says TPR action will leave no hiding place for failing scheme administrators
UK/US - Administrators for Nortel Networks and Lehman Brothers are challenging The Pensions Regulator in the High Court over the watchdog's ability to impose a financial support direction against them.