Lloyds Banking Group has sold its remaining stake in Standard Life Aberdeen following a decision to withdraw £109bn of assets managed by the firm for Scottish Widows.
Increasing sponsor support or lowering member benefits will ultimately improve the funding position of defined benefit (DB) schemes, according to the European Insurance and Occupational Pensions Authority (EIOPA).
Universities Superannuation Scheme (USS) and the BT Pension Scheme (BTPS) will be asked to pick up the tab for some of the £120m penalty levied on Thames Water.
House of Fraser's defined benefit (DB) scheme has not been automatically placed into Pension Protection Fund (PPF) assessment despite restructuring plans, PP can confirm.
John Gray says it is worrying for asset owners that many companies have failed to take part in the government-backed Workforce Disclosure Initiative.
Baroness Ros Altmann says more DB trustees should seek independent forensic analysis on the sponsor's business and financial position
The local authority pension fund recently bought protection for its £2.6bn equity portfolio ahead of its 2019 valuation. Stephanie Baxter looks at how the strategy works
Some 58% of UK charities have closed their defined benefit (DB) schemes to future accrual, Hymans Robertson research reveals.
Defined benefit (DB) consolidation vehicles may be subject to a special levy if they are deemed eligible for the Pension Protection Fund (PPF) in the event of a failure.
Publishing house Johnston Press is seeking a regulated apportionment agreement (RAA) to detach its pension scheme ahead of a company-wide restructure, according to reports.