News week ending 31 May
In the news this week TPR publishes its analysis of schemes whose funding valuation is due this year, an entire trustee board is replaced due to lack of competence and two Scottish airports face strike action over DB closure.
News week ending 17 May
In the news this week the DB funding code is delayed, a review of TPR has been published, John Lewis announces the closure of its DB scheme and the Court of Appeal decides a scheme’s historic pension increases were invalid.
News week ending 26 April
In the news this week, TPR has won two First-Tier Tribunal appeals over chair’s statement fines, union members at Aberdeen Airport vote for strike action on pension closure, the BMA issues a stark warning to the Chancellor, and Prudential Retirement has reinsured about $2.6 billion of UK longevity risk since the start of 2019.
News for week ending 6 April
In this week’s news, the Regulator’s annual funding statement signals a strengthening of its message about the need for fair treatment of schemes relative to shareholders, AE minimum contribution rates finally increase and six pension firms are put into provisional liquidation.
News for week ending 16 March
In this week’s news, the High Court dismisses pension concerns over Barclays’ ring-fencing plans, two water companies face strike action over pension changes whilst the Spring statement avoids pensions altogether.