The Pensions Regulator (TPR) has said there is no legal basis for the Halcrow Pensioners' Association (HPA) to challenge the proposed restructuring of the scheme in the Upper Tribunal.
Partnership's director of defined benefit (DB) solutions Costas Yiasoumi has left the firm after two years and has been replaced by Tim Coulson.
Lawyers acting on behalf of Halcrow Pensioners' Association (HPA) are disputing a proposed regulated apportionment arrangement (RAA) for the engineering company's defined benefit (DB) scheme.
The ICI Pension Fund has revealed it saved £10m by completing its latest buy-in with Legal & General (L&G) shortly after the EU referendum.
Companies could increase their defined benefit (DB) contributions rates to meet a £770bn funding gap over the next 60 years.
The Pensions Regulator's (TPR) investigations into employers avoiding support for defined benefit (DB) pension schemes have fallen by 65% since 2013, according to figures released today.
A regulated apportionment arrangement (RAA) has been granted as part of the Halcrow rescue plan.
The Post Office is facing strike action over plans to close its defined benefit (DB) plan to future accrual.
The Bank of England's decision to hold interest rates at 0.5% has temporarily eased the pressure on pension schemes but poses dilemma for trustees, JLT Employee Benefits says
Schemes with leveraged liability driven investments (LDI) may have reduced their deficits following the Brexit vote.