‘Flagrant’ trustee fined £25k
Rentokil Initial Pension Trustee Limited failed to complete 2012 and 2015 valuations of the Initial Hospital Service Limited No.1 Pension Scheme by July 2013 and July 2016 respectively. DB scheme trustees are...
Rentokil Initial Pension Trustee Limited failed to complete 2012 and 2015 valuations of the Initial Hospital Service Limited No.1 Pension Scheme by July 2013 and July 2016 respectively. DB scheme trustees are...
The new group will be formed over the summer with a launch planned for autumn, when the full IDWG report, including templates, will be released. This pause in the publication of the...
But former pensions minister Steve Webb, of Royal London, says the creation of the proposed new criminal offence of ‘recklessly’ underfunding a company pension scheme could miss its intended target and be a...
The Environmental Audit Committee’s findings from its green finance enquiry, which found that pension scheme trustees’ fiduciary duty is often misinterpreted as a duty to maximise short-term returns, has also criticised the FCA’s reluctance...
Lesley Titcomb, chief executive of The Pension Regulator, who has been targeted with criticism by MPs over the regulator’s handling of BHS and Carillion, is to step down, Titcomb will step down...
Called HUB Pension Solutions, the new business delivers offers a digital platform that enables financial advisers providing advice to support scheme transfer exercises to generate transfer value analysis for individual scheme members...
Enterprise and innovation are often the foundations of the social changes which have transformed society. It is vital that government takes this into account when considering how to shape and implement policy. And...
But looming changes to accountancy rules could worsen FTSE 100 balance sheets by around £50bn, potentially impeding their ability to pay contributions, says LCP. Blue chip companies disclosed an overall accounting funding...
Published today, the judgment follows a two-week hearing in January of the substantive issues in the case – the first anti-avoidance case by TPR to be heard in full by the tribunal. The court...
A joint report by the work and pensions committee and BEIS committee says sponsoring companies are able to call TPR’s bluff and avoid deficit reduction payments because the regulator rarely uses its...