All ITV articles
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News
Experts query whether £31m offer will satisfy TPR in Box Clever case
ITV has put forward an initial offer of £31m to the Pensions Regulator of financial support for the struggling Box Clever Pension Scheme, following an eight-year courtroom battle.
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News
ITV scheme trustees approve deficit repayment holiday
On the go: The trustees of ITV’s defined benefit schemes have agreed to a deficit repayment contribution delay, amid action from the broadcaster to mitigate the impact of Covid-19.
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News
ITV given six months to fund pension scheme
On the go: ITV has been given six months to fund the Box Clever pension scheme after it lost its eight-year legal challenge against the Pensions Regulator.
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News
Court of Appeal rejects ITV appeal against Upper Tribunal decision
On the go: The Court of Appeal has dismissed ITV's appeal against the Upper Tribunal's decision that a Financial Support Direction should be issued to the broadcaster in relation to the Box Clever scheme.
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ITV cleared to appeal Box Clever judgment
On the go: ITV has been granted permission to appeal a court decision upholding the Pensions Regulator's ability to issue a financial support direction against the broadcaster in relation to the Box Clever scheme.
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Select committees question regulator’s ambition on DB
On the go: The Pensions Regulator’s commitment to engaging proactively with poorly funded defined benefit schemes and their employers has been called into question by two parliamentary select committees, in a stinging letter that discusses the future of chief executive Lesley Titcomb.
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NewsBox Clever judgment sees scheme inch closer to ITV funding
The Pensions Regulator was right to seek to impose a financial support direction on ITV in relation to the Box Clever defined benefit pension scheme, according to a court judgment published on Friday.
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News
Regulator comes out on top in Box Clever case
On the go: The Pensions Regulator was right to seek to impose a financial support direction on ITV in relation to the Box Clever defined benefit pension scheme, according to a court judgement published on Friday.
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Box Clever trustees under scrutiny for scheme setup decisions
The trustees of failed TV rental business Box Clever’s defined benefit pension scheme have come under scrutiny for their decisions involving the fund’s setup, as part of an Upper Tribunal hearing on the company’s collapse.
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ITV case: Regulator argues for retrospective moral hazard powers
The leveraging up of TV rental company Box Clever put members’ pensions at risk while extracting maximum value for its shareholders, a landmark Upper Tribunal case about the Pensions Regulator’s powers has heard.
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News
No end in sight for Box Clever case
A long-running case over the Box Clever Group Pension Scheme is continuing after the Court of Appeal rejected an application for appeal by ITV, former co-owners of the TV rental business, with a substantive hearing at the Upper Tribunal due next year.
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FeaturesFinal date set for Box Clever trustee and ITV showdown
Trustees of the Box Clever Pension Scheme and ITV were back in court last week, in the latest round of a four-year legal battle to force the broadcasting giant to help make good the fund’s £90m deficit.
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FeaturesITV absorbs Wireless Group DB scheme
Broadcasting company Wireless Group has signed over its defined benefit pension obligations to broadcaster ITV, under the terms of sale of its television entities to the media giant, showing that defined benefit schemes do not have to be left behind in mergers and acquisitions.
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NewsSainsbury's and ITV get creative to tackle deficit challenge
Broadcaster ITV and retailer Sainsbury’s are just two household-name employers to announce “chunky” new deficit funding to weather the harsh conditions buffeting defined benefit pension schemes.
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FeaturesShowstopper or sunken soufflé? The recipe for a successful trustee event
Any Other Business: The great and the good of the pensions industry will amass in Manchester this week for the National Association of Pension Funds’ annual conference, but what are the key event ingredients that trustees look for when choosing which events to attend?
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NewsGranada appeal threatens contingent asset arrangements
Broadcaster Granada is appealing a High Court ruling in an attempt to recover £40m of gilts from one of its pension schemes, but lawyers say the case could jeopardise other employers’ non-cash contributions.
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FeaturesAxa and ITV latest to face ETV/Pie governance risk
As pensions minister Steve Webb orders a review of controversial derisking exercises, Owen Walker discovers how Axa and ITV are currently approaching them.