News

Companies are increasingly seeking to offload pension schemes to the Pension Protection Fund before they are driven into bankruptcy, lawyers warn.

Plans to change the way directors' pensions are valued in remuneration reports are "fundamentally misplaced," says the Society of Pension Consultants.

O2 is set to close its final salary defined benefit scheme to future accrual due to poor economic conditions and the impending cost of auto-enrolment.

Defined contribution multi-asset managers have not seen a pick-up in business in the run-up to auto-enrolment.

Almost 4,000 members of the Financial Assistance Scheme have had their benefits reduced after overpayments resulting from administrative errors.

A claim for more than one billion dollars has been filed in the US courts against Nortel Networks' US affiliates.

Trustees must take a position on the direction of interest rates before they decide on their investment strategy, according to Hermes Fund Managers chief executive Saker Nusseibeh.

Auto-enrolment into default funds could be a barrier to pension engagement, delegates at the PP show heard.

Relying on the Pension Regulator's Trustee Toolkit can be "problematic", Taylor Wessing partner Rosalind Connor has said.

An effort to provide a consistent message has led the Pensions Regulator to become "defensive" in its advice, a partner at Taylor Wessing has said.