The company director of a target sports centre has denied fraudulently evading his pension duties, pleading not guilty at Brighton Magistrates Court yesterday (4 May 2023)

The trustees of the Thomas Cook Pension Plan have secured a £900m buy-in with Aviva, providing pension benefits at or in excess of Pension Protection Fund (PPF) levels for the scheme’s more than 12,500 members

Trustees have been urged to ensure they understand the risks of their journey plan on their funding, after Broadstone's Sirius Index showed that while the position for fully hedged schemes remained stable in April, half-hedged schemes funding levels improved

Over a quarter (26 per cent) of large businesses in the UK have reported an increase in the number of employees opting out of the company pension scheme, according to research from Cushon

The latest news in brief and mandates from the past seven days

The government has confirmed that it is looking at the recommendations put forward by the Bank of England’s (BofE) Financial Policy Committee (FPC), including whether The Pensions Regulator’s remit should be extended to have regard for financial stability.

Responding to a letter from Work and Pensions Committee (WPC) chair, Stephen Timms, Pensions Minister, Laura Trott, and Economic Secretary to the Treasury, Andrew Griffith, said that the government “welcomes” the FPC’s recommendations