Funding levels for FTSE 100 defined benefit (DB) schemes rose in October to around £65bn, Lane Clark & Peacock (LCP) says.
The bulk annuity transaction for the scheme, which is sponsored by an unnamed company within the mechanical and electrical industry, was completed in July and has fully secured the benefits of 16 p ...
The Association of Consulting Actuaries (ACA) has commemorated the untimely passing of its former Chair, Patrick Bloomfield, ...
The supermarket chain joins more than 70 other corporate members of the association including Aviva Staff Pension Trustee, Barnett Waddingham, BP Pension Trustees, and Lane Clark & Peacock, among ...
Marks & Spencer (M&S) has reported a £25.6m reduction in the surplus of its defined benefit (DB) pension scheme.
The average time to buyout for FTSE 350 defined benefit (DB) pension schemes has fallen to 5.2 years. The Barnett Waddingham ...
The Halma Group Pension Plan and the Apollo Pension and Life Assurance Plan have entered buy-in deals with Standard Life ...
The Pension Protection Fund (PPF) has published its fifth responsible investment report outlining its commitment to promoting sustainability in the pensions industry.
The Bank of England (BoE) has met market expectations by cutting interest rates by 25 basis points to 4.75%, citing cooling ...
UK defined benefit (DB) pension schemes continue to show “significant surplus”, reaching new record funding levels in October, according to PwC.
The streamlined service will address the employer tax rollback, which was implemented as a result of the remedy, with members able to claim back tax refunds more easily. The McCloud remedy was ...
The Atradius UK Pension Scheme has completed a £190m buy-in with Pension Insurance Corporation (PIC), securing the benefits of 771 members.