Lehman Brothers Pension Scheme has secured a £675m buyout with Rothesay Life, ensuring that all members will get their pensions in full, six and a half years after its sponsor went bust.
The Eleco pension scheme is close to being taken into the Pension Protection Fund (PPF) following a major restructuring of the company.
Two trade bodies have criticised a proposal to require pension schemes to comply with the Stewardship Code or explain why they have not.
A group of pension schemes have said their biggest challenge is improving engagement with members, in research conducted by the Defined Contribution Investment Forum (DCIF).
The Church of England Pensions Board and Church Commissioners have pulled out £12m from thermal coal and tar sands investments as they warn on the perils of climate change.
PP asks if trustees should be concerned about a probe on their legal duties on climate change risks
The former NEST and PPF chairman says IGCs will be very influential
Renold's defined benefit (DB) pension scheme has entered a buy-in to fully de-risk around 25% of its UK pensioner liabilities.
Many large UK pension schemes are still failing to protect their portfolios from financial risks associated with climate change, according to a survey by the Asset Owners Disclosure Project (AODP).
BlackRock has launched its first drawdown offering for pension schemes to capitalise on the Budget freedoms introduced earlier this month.