Members of IBM's UK defined benefit (DB) schemes will be able to claim damages against the company over the closure of the schemes, the High Court has ruled.

Pensions Minister Steve Webb has rebuffed calls for a new Pensions Commission aimed at bringing stability to the industry.

The High Court is due to make a ruling in the high-profile Merchant Navy Ratings Pension Fund Trustee (MNRPF) legal case on 25 February.

Natasha Browne examines the likelihood of negative inflation and the consequences for pension schemes.

The Pensions Ombudsman (PO) is scrutinising a complaint related to a pension transfer that the member believed should have been blocked.

The Department for Work and Pensions (DWP) has published draft amendments to the regulations governing the incoming pension flexibilities.

Substituted investment funds could come under the remit of the charge cap that comes into force in April because they are not actively chosen by members, lawyers have warned.

PP looks at the details surrounding the IBM ‘reasonable expectation’ ruling ahead of a judgment in the remedy hearing.

Blackrock has launched a range of target date funds to coincide with the Budget freedoms.

Eversheds consultant Anthony Arter has been confirmed as the next Pensions Ombudsman (PO) and Pension Protection Fund (PPF) Ombudsman.