Frank Field is to warn Sir Philip Green not to sell his Arcadia business without ensuring defined benefit (DB) pensions are adequately protected, PP can confirm.
This week's top stories included The Pensions Regulator naming schemes and trustees for chair's statements failures, and coverage of the final day of the Box Clever case in the Upper Tribunal.
The Pensions Regulator (TPR) has named six schemes and their professional trustees which failed to produce compliant chair's statements.
The Sea Containers 1983 Pension Scheme has been fully insured in a bulk annuity deal completed by Aviva, almost a decade after receiving the regulator's first financial support direction (FSD).
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.
This week we want to know whether investment strategies are becoming too complex for the average member-nominated trustee without having actuarial and legal advice.
Auto-enrolment (AE) has now brought on board its one millionth employer as the flagship programme reaches the end of its phased staging, the government has announced.
The Pensions Regulator (TPR) and Financial Conduct Authority (FCA) are to produce a joint strategy on how they will collaborate to regulate the sector over the next decade.
The trustees of the Box Clever Group Pension Scheme committed a form of "reverse moral hazard" by running the scheme on while its participating employers were in administrative receivership, ITV has claimed.
This week's top stories include The Pensions Regulator fining a Now Pensions trustee £70,000, and BT appealing a court ruling over its RPI to CPI indexation swap.