A decades-old rule change to the Mitchells & Butlers Pension Plan that shifted the authority in deciding pensions indexation should be rectified, a high court judge has ruled, in what has been described as “one of the most significant pension rectification cases in recent years”.

On the go: The Universities Superannuation Scheme has said that a wide-ranging legal challenge recently brought to the High Court by university academics has “absolutely no merit”.

Former co-chair of the Association of Member Nominated Trustees David Weeks has died of cancer.

On the go: A potential takeover deal of the Daily Mail and General Trust by the Rothermeres would see a sum of approximately £400m being injected into the publisher’s pension schemes, DMGT has announced.

On the go: Asset management consultancy MJ Hudson has announced the creation of an investment decision-making tool for pension schemes, which will be headed by the Pensions Regulator chair Sarah Smart.

The University and College Union’s general secretary has written to the Universities Superannuation Scheme’s chief executive outlining the potential for legal action against the scheme’s trustees and has called for a pause in the 2020 valuation process.

The Superannuation Arrangement of the University of London is set to create a new “feeder” defined contribution pension scheme as it undertakes a review of its investment strategy.

The Pensions Regulator is aiming to set “clear expectations” of what it wants to see from pension schemes, while increasing supervision ahead of the new requirements to comply with environmental, social and governance legislation under the Pension Schemes Act 2021.

On the go: One in three BT Pension Scheme members are now managing their pension through the scheme’s new online portal.

Following a Budget speech light on pensions policy announcements, the industry has been weighing in on what has been revealed, including a consultation on the charge cap and a new tax relief for low earners in net pay schemes, while others say that the chancellor has not done enough to address industry concerns.