Lack of clarity on how much ITV could be forced to pay out after the Box Clever financial support direction undermines the order and could leave it invalid, a lawyer warns.
The Pensions Regulator has banned three ex-trustees for life after uncovering "serious and persistent" breaches of investment regulations and legislation on trustee knowledge.
FTSE350 businesses that de-risked their pension schemes saw an average share price rise of 1.7% compared to an average index fall of 0.2%, analysis finds.
Jenna Towler's take on the ITV Box Clever FSD
The Pensions Regulator is set to move away from its trigger-based assessment of recovery plans to a more "dynamic" approach factoring in investment risk, it has indicated.
The Pensions Regulator has released its reasoning for issuing a series of financial support directions to the ITV group over the beleaguered Box Clever Pension Scheme.
ITV has launched an appeal against a decision by The Pensions Regulator ordered it to support the Box Clever Group Pension Scheme, which has a deficit of £62m.
Over half a billion pounds in contributions set to plug the Kodak Pension Plan deficit are under threat after the firm backing the scheme went bankrupt.
The Pensions Regulator has dismissed claims payroll providers are dragging their feet in the development of suitable systems to cope with auto-enrolment.
Andrew Short explains what trustees will have to concentrate on to manage auto-enrolment.