The British Steel Pension Scheme (BSPS) trustee has shown the government "compelling evidence", arguing it can pay modified benefits indefinitely on a low risk basis outside the lifeboat fund.
The Pensions Regulator (TPR) wants to be given greater powers to block merger deals involving companies with stressed pension schemes, its chief executive has said.
Madeleine Frost looks at the options available to trustees if a mistake is found in scheme rules.
Trustees feel overloaded and need better support to make more timely decisions, research from Aon Hewitt has revealed.
'The 2017 review cannot be ducked'
As deficits soared following the Bank of England's rate cut and stimulus package, the future for DB looks even more challenging. A major re-think is needed to avert a pensions crisis, writes Stephanie Baxter
The government should give the regulator more powers to prevent companies from avoiding defined benefit (DB) deficits, according to a Pensions Institute report.
The Financial Assistance Scheme (FAS) service will close to new applications from pension funds on 1 September.
City Noble has closed down following its launch 18 months ago, after the independent advisory firm struggled to get enough business, PP has learned.
Total deficits of UK defined benefit (DB) schemes have reached an all-time high for the sixth month in a row, according to JLT Employee Benefits.