News

The National Association of Pension Funds fears the Pension Protection Fund's proposed levy approach will penalise schemes for holding equities and reward them for holding gilts.

Government should address current insolvency laws to stop pension schemes becoming "super-creditors" following the Nortel and Lehman Brothers ruling, the Confederation of British Industry says.

Unite will start a legal challenge against Ford this week over alleged mis-selling of pensions to former employees who transferred to the collapsed Visteon Pension Scheme.

Independent Trustee Services battle to recoup the £52m defrauded from nine schemes in the GP Noble saga returned to the High Court in December.

Confidentiality agreements between trustees and sponsoring employers boost the quality of communication on covenant strength, a law firm says.

An "old fashioned common sense" High Court ruling has approved an unusual compromise agreement on benefit equalisation for a Sea Containers scheme.

A specialist consultancy focused on guaranteed minimum pension reconciliation has been launched to speed up the notoriously complex process for trustees.

Deloitte has ambitious plans to expand its pensions advisory services practice threefold over the next three to four years.

Some trustees risk their members being entitled to benefits based on uncapped salary when old Inland Revenue limits fall away after April 5, lawyers warn.

Contribution rates for the Merseyside Pension Fund will increase to 18.1% after the scheme's triennial valuation revealed a 2 percentage point drop in funding levels.