M&A

The Pensions Regulator (TPR) may need additional resources as it takes on new powers around master trusts, and merger and acquisitions (M&A), Lesley Titcomb has said.

Cardano Group has acquired covenant specialist Lincoln Pensions in a deal that will enable the firms to provide integrated risk services to pension schemes and sponsors.

The Pensions Regulator (TPR) and the Pension Protection Fund (PPF) have both called for the watchdog to have stronger and more punitive regulatory powers.

Well-funded defined benefit (DB) schemes should not be subject to triennial actuarial valuations, the Pensions Regulator's (TPR) non-executive chair Mark Boyle has said.

The Pensions Regulator (TPR) needs stronger powers to block takeovers in order to safeguard pensions, according to a poll by the Institute of Chartered Secretaries and Administrators (ICSA).

Shadow chancellor John McDonnell has pledged to change the law so members' pensions are protected during takeovers, if Labour is elected at the next general election.

Trustees hold more power cards than before

Pearson has said it will contribute £90m to its pension scheme after completing the £844m sale of the FT Group to Nikkei.

Top stories this week included TPR getting tough on master trusts, a £1.6bn de-risking deal, and fiendishly complicated plans to simplify the state pension. Here's what you might have missed.

The planned sale of Aga has been dubbed a win for the trustees of its deficit-ridden DB scheme but Stephanie Baxter finds this is just the start of the journey.