US- Continental Airlines has contributed an additional US$50m in cash to its defined benefit (DB) pension plans.
This latest addition has brought its total year-to-date pension contributions to $261m.
Larry Kellner, chairman and CEO of Continental Airlines, said: "We continue to focus on doing the right things for our co-workers and fulfilling our pension commitments."
Continental expected to contribute more than $325m to its pension plans in 2007, significantly exceeding its minimum funding requirement of $187m for the year.
The recent cash boost follows the company's announcement in July when it injected an additional $75m into its DB plans.
HMRC has confirmed providers operating relief at source pension schemes can continue to collect automatic tax relief at a basic rate of 20% under new Scottish Income Tax rules.
The Pensions Regulator (TPR) is seeking "improved" powers to set a schedule of contributions in defined benefit (DB) schemes in the government's upcoming white paper, it has revealed.
New regulatory rules which require providers and advisers to produce annuity illustrations will not solve the problem of consumer detriment as they are "fundamentally" flawed, according to Retirement Advantage.
Paul Budgen is set to join financial technology and auto-enrolment (AE) firm Smart Pension as director of business development.