Company adviser modelling of the Airways Pension Scheme (APS) funding position would have allowed for discretionary increases if adopted, British Airways (BA) has admitted.
The ICI Specialty Chemicals Pension Fund has completed a buy-in worth nearly £140m with Pension Insurance Corporation (PIC).
Marks and Spencer's (M&S) decision to close its defined benefit (DB) scheme to future accrual from April 2017 has resulted in a £127m charge.
The aggregate deficit of all schemes in the PPF 7800 index fell for a second month in a row on the back of rising gilt yields.
Almost one in ten company voluntary arrangements (CVAs) have resulted in the firms falling into administration within three years, according to an accountancy firm.
The Pensions and Lifetime Savings Association (PLSA) has called on every FTSE 350 firm to divulge more information with investors about their workforce.
Matthew Edwards believes uncertainty over future life expectancy necessitates a new approach.
Amending scheme rules to allow for discretionary increases provided an "elegant solution" to the indexation debate, according to the Airways Pension Scheme's (APS) leading counsel.
The Pensions Regulator (TPR) will make companies meet their pension obligations earlier and will not be bounced into agreeing bad deals, Andrew Warwick-Thompson has said.
The Pensions Regulator (TPR) has begun formal enforcement action against a number of key protagonists and companies involved in the British Home Stores (BHS) saga.