Trustees

Half of defined benefit pension schemes in the UK do not have a long-term plan to reduce risk, a Hymans Robertson and PensionChair Network survey reveals.

The ousting of EMI trustee chairman Ian Smellie after a disagreement with the sponsor highlights a fundamental flaw in pension scheme governance, Trustee GAAPS claims.

A row over the funding level of the EMI pension scheme has resulted in the replacement of trustee chairman Ian Smellie.

Costain is considering closing its defined benefit pension scheme to future accrual due to increasingly disproportionate risks and costs.

Tony Barnard discusses the difficulties of converting guaranteed minimum pensions into scheme benefits