Carillion
Retirement | 19 Mar 18
DB pension reform plans will not stop next collapse
The UK government plan to give The Pensions Regulator teeth to fine and imprison individuals who endanger defined benefit schemes, has been branded slow and impractical.
MP brands Blackrock ‘schizophrenic’ over Carillion
Blackrock has defended itself against charges from a parliamentary select committee that it was “schizophrenic” in its holdings of Carillion, taking both long and short positions.
Best Practice | 22 Jan 18
DB pension deficit headache worsens for struggling employers
The UK High Court has ruled that communications group BT cannot change a pension scheme from the retail price index (RPI) to the generally lower consumer price index, placing more significance on an imminent government white paper on defined benefit pension schemes, a legal expert says.
DeVere boss wades into final salary pension debate
DeVere chief Nigel Green has warned lessons must be learned from the collapse of Carillion and the ‘inherent weaknesses’ of UK final salary pension schemes.
Vultures already circling Carillion DB pensions
Just a day after Carillion entered liquidation, the Pensions and Lifetime Savings Association has warned that it has already seen signs that scammers are looking to exploit defined benefit (DB) scheme members.