Cineworld has revealed it completed a buyout for its defined benefit (DB) pension scheme with Aviva Annuity UK last December at a cost of £4.8m.
Pension Insurance Corporation (PIC) has appointed Giles Fairhead as its chief risk officer (CRO).
Punter Southall Administration Limited (PSAL) has appointed Sarah Newell as its operations manager.
Standard Life Investments (SLI) has announced head of equities David Cumming has stepped down from the firm.
Master trusts will face a new tax registration process aimed at boosting savers' protection and aligning it with the incoming authorisation process.
RPMI Railpen has expanded its property team by naming Matthew Howard as the first holder of its head of property asset management post.
Legal & General (L&G) has confirmed the sale of its investment platform Cofunds to Aegon led to a £64m impairment loss.
The Pensions and Lifetime Savings Association (PLSA) has advocated a "full merger" of defined benefit (DB) schemes which splits employers from their burgeoning obligations.
Solvency II regulations have caused a shift in the timing of buy-in and buyout transactions, as well as asset sourcing, according to Aon Hewitt.
The reduction of the annual allowance in 2014 has caused a significant rise in the number of people breaching the limit.