UK/BELGIUM - The Pensions Regulator has issued a £5m (US$7.5m) contribution notice to the Bonas Group Pension Scheme.
The level of complaints received by The Pensions Advisory Service should be used as a key benchmark for data and administration standards, Independent Transition Management says.
Employers should undertake enhanced transfer value exercises now before they come under greater scrutiny from The Pensions Regulator, an actuary warns.
The Pensions Regulator has issued guidance for trustees on assessing, monitoring and taking action on issues relating to their employer covenant.
The Pensions Regulator has launched a campaign to improve the monitoring of scheme funding and employer covenants.
The Pensions Regulator has published member record-keeping targets to ensure standards of common data.
British Airways will present plans for a restructure of its defined benefit schemes to The Pensions Regulator next month after it concluded talks with trade unions over its £3.7bn deficit.
UK - British Airways will present plans for a restructure of its defined benefit schemes to The Pensions Regulator next month after it concluded talks with trade unions over its £3.7bn (US$5.3bn) deficit.
US/UK - The trustee of the Visteon UK Pension Plan and the Pension Protection Fund are withdrawing a US$550m (£350m) claim against Visteon Corporation.
The trustee of the Visteon UK Pension Plan and the Pension Protection Fund are withdrawing a US$550m (£350m) claim against Visteon Corporation.