An unrecognised £70m pension liability has reduced WH Smith's stated 2012 post-tax profit by £4m.
Naomi Rainey looks at DC schemes’ growing interest in illiquid assets
The National Association of Pension Funds (NAPF) will end its corporate governance licensing arrangement with Institutional Shareholder Services (ISS).
Private sector contractors will be able to participate in existing schemes when receiving staff from the public sector, HM Treasury guidance confirms.
Cumbria Pension fund and London Borough of Barking and Dagenham Pension Fund have joined the Local Authority Pension Fund Forum (LAPFF).
Pension liberation vehicles are often set up as occupational schemes to circumvent the need for Financial Conduct Authority (FCA) or professional trustee credentials, counsel for The Pensions Regulator (TPR) has argued.
An independent financial adviser (IFA) behind a number of suspected pension liberation vehicles appeared to be "playing fast and loose" in setting up the schemes, the High Court has heard.
Nine alleged pension liberation vehicles should be treated as personal pension schemes, the High Court has heard.
Upcoming governance regulations for the Local Government Pension Scheme (LGPS) are likely to separate the roles of pension board and scheme manager, Department for Communities and Local Government (DCLG) official Bob Holloway suggests.
Naomi Rainey looks at responses to DCLG and LGA’s call for evidence on the future of the scheme