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Sponsoring employers who use spare cash to reduce scheme deficits could see a huge hike in their scheme's Pensions Protection Fund (PPF) levy as a result, warn consultants.
DHL is proposing to close its final salary pension scheme at the end of the year and has yet to guarantee the future of its highest contribution defined contribution (DC) offering.
Diageo saw the deficit in its UK and Ireland defined benefit schemes fall from £1.1bn to £552m over the year to the end of June.
Taylor Wimpey has been given approval to merge its two principle defined benefit (DB) schemes and has set up a £100m partnership to plug their deficits.
F&C Asset Management has reported pre-tax profits of £37.3m for the half year ending 30 June 2013 after implementing cost-cutting measures.
Revisions to the accounting standard used for employee benefits have reduced BP's profits by more than $1.27bn (£830m) over the last 18 months, its interim results reveal.
The Local Government Association (LGA) Conservative and Labour groups have backed retention of councillor access to the Local Government Pension Scheme (LGPS).
Deleveraging by banks and governments around the world has created an "unprecedented" investment opportunity for UK schemes, according to research from UBS Global Asset Management.