From IDS Pensions Bulletin 207, July/August 2007

Company news

• Regulator issues financial support direction on Sea Containers Ltd
• De La Rue adjusts accrual rate in line with life expectancy risk
• Boots scheme reaches agreement with KKR
• JLT’s scheme closes to future accrual

Regulatory round-up

• Thornton Review of Pensions Institutions
• Court upholds demand for higher contributions

The Pensions Regulator sets out its future strategy

The Pensions Regulator has published its corporate plan for the period 2007-2010. In this article we report details of the objectives that the Regulator has set itself together with its operational workload estimates for the next 12 months.

Comment

Colin Mouqué, Director of Actuarial Services at Alexander Forbes Financial Services, looks at the conflicts of interest faced by company directors who are also pension scheme trustees and argues that the advantages of remaining a trustee may outweigh the disadvantages.