Granada Group

This week's top stories included the Financial Conduct Authority announcing it would carry out further investigations on defined benefit transfers.

The Court of Appeal has dismissed ITV's appeal against a financial support direction (FSD) issued by The Pensions Regulator (TPR) in a long-running case over the Box Clever Pension Scheme.

The Pensions Regulator's (TPR) attempt to impose a financial support direction (FSD) on ITV for the Box Clever Group Pension Scheme is a "barn door case", it has argued.

For the first time, TPR is testing its anti-avoidance powers in the courts in a bid to impose an FSD on ITV. James Phillips explores the implications.

The aggregate deficit of ITV's defined benefit (DB) schemes grew by 86% last year, according to the broadcaster's preliminary results.

The Court of Appeal has upheld a High Court decision to allow four former directors of Granada Group to receive £40m pensions without shareholder approval.