Latest articles from Katie Morley

ITV moves to block trustees from pursuing Financial Support Direction

The Pensions Regulator is pursuing ITV because it has "a lot of money", not because it owes anything to the Box Clever scheme, a court has heard.

Sponsors withholding billions from scheme liabilities

Norgrove, David

UK plc is holding 5% of GDP (£750bn) it should be using to pay off pension liabilities, a former Pensions Regulator chief will claim this week.

Index signals capital market hunger for longevity

Most pension funds could benefit from growing capital market demand for longevity risk in less than two years, as a result of a new longevity index.

Defined contribution savers give mixed response to OMO

Nearly half of savers do not want to be forced to shop around for annuities on retirement, according to research by Alexander Forbes Annuity Bureau.

Two-thirds of staff choose corporate wrap with ISA option at Standard Chartered

standard chartered

Standard Chartered bank has launched a corporate platform offering staff a 10% employer contribution, which can be split between pension and ISA.

FTSE 100 scheme members foot the bill for soaring liabilities

A raft of FTSE 100 companies will double members’ contributions and freeze pensionable pay to shrink pension liabilities bloated by quantitative easing (QE).

DB 30: section 75, bank debt and IORPs

DB30 ch1

In this month’s inaugural DB 30 survey, Pensions Week asks schemes for their views on section 75 triggers, banks and DB liabilities, longevity swaps, and holistic balance sheets.

Engineers go bust as banks tighten their belts

Industrial Engineering

Two engineering firms have become the first to be bankrupted by banks refusing to refinance loans because of their defined benefit liabilities.

Two more providers launch low-cost auto-enrolment vehicles

BlackRock and Zurich are the latest providers to compete with the National Employment Savings Trust for ‘whole of workforce’ auto-enrolment business.

NAPF Investment Conference 2012: Consultants eating away at scheme contributions

Kay, Professor

Consultants' fees are taking up 3% in scheme contributions each year on average, the government’s corporate governance adviser has warned.