jonathon land

An agreement has been reached on how to compensate members of the Nortel pension scheme after years of negotiations since the company went bust in 2009.

PwC's Jonathon Land says understanding covenant strength is vital as trustees approach tough funding discussions

Deficits in FTSE350 pension schemes are at the lowest levels compared to the financial strength of their sponsors since before the last recession, according to PwC.

The Court of Appeal has ruled in favour of The Pensions Regulator in the Nortel/Lehman Brothers legal challenge.