The Northcroft Pension and Assurance Scheme has entered the Pension Protection Fund assessment period after its sponsoring employer was sold through a pre-pack insolvency.
More than one in five small trust-based defined benefit schemes do not hold annual board meetings, according to research from The Pensions Regulator.
Can schemes find respite in the cash stockpiles of their sponsors?
The majority of member nominated trustees are appointed by occupational schemes with no regard by sponsors for the rules around fairness and proportionality, research claims.
Employers are unaware of peripheral auto-enrolment duties that begin for companies of all sizes this July, a lawyer has warned.
Often in pensions, consultations and the issuance of new guidance are tense occurrences.
The government will continue to fight proposals by the European Commission to update its pensions directive to introduce solvency requirements for schemes, says Steve Webb.
Guidance issued by The Pensions Regulator last Friday sends a clear message that it will be flexible when dealing with employers that are unable to fund scheme deficits through cash contributions, says the watchdog.
Rachel Dalton examines the industry response to the guidance.
The Pensions Regulator is set to review its regulatory code of practice on scheme funding later this year, PP has learned.