Defined Benefit
Defined Benefit
The rise of academies coupled with smaller council budgets is changing the make-up of the LGPS's employer base. Stephanie Baxter finds out it is posing major long-term challenges.
31 July 2015
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Defined Benefit
Two trade unions have called for Nestle to put on hold plans to close its career average defined benefit (DB) scheme until its actuarial valuation in December.
30 July 2015
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Defined Benefit
Newham Council has proposed creating an asset-backed special purpose vehicle (SPV) to reduce cash contributions to finance its defined benefit (DB) pension scheme.
29 July 2015
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Defined Benefit
4imprint is working to cut the liabilities in its defined benefit scheme by turning a £25m pensioner buy-in into a partial buyout and launching a liability transfer exercise for deferred members.
29 July 2015
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Defined Benefit
Honeywell International will take on the bulk of Melrose Industries' defined benefit (DB) pension schemes with the £3.3bn acquisition of its Elster business.
29 July 2015
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Risk Reduction
MIRA Retirement Benefits Scheme (MIRARBS) has secured a £70m buyout after agreeing to compromise its sponsor's statutory debt as part of a corporate restructuring.
28 July 2015
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Law and Regulation
The European Parliament looks set to water down controversial pension proposals in a move that has been hailed as a positive step by the National Association of Pension Funds (NAPF).
28 July 2015
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Defined Benefit
Pearson has said it will contribute £90m to its pension scheme after completing the £844m sale of the FT Group to Nikkei.
24 July 2015
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