Premier Foods has outsourced the administration of the 45,000 member RHM Pension Scheme to Aon Hewitt.
The UK’s largest food producer – which owns brands including Hovis and Mr Kipling – said the five-year appointment would see Premier’s team administer the scheme from its Croydon office, before...
As deficits continue to grow Con Keating urges schemes to think carefully about what they do next.
Allowing struggling defined benefit (DB) schemes to temporarily stop paying pension increases could help them get back on track while avoiding huge cuts to members’ pensions.
Demand for buy-ins is set to triple over the next decade as more defined benefit (DB) schemes look to offload their liabilities to insurers.
The local government pension scheme (LGPS) pools have come under fire for not including member representation on governance boards to oversee the radical changes.