JAPAN - Electronics giant Hitachi will contribute stock to a newly established employee retirement benefit trust, in a move to improve its pension financing and increase its utilisation of financial assets.
Hitachi will record an extraordinary gain of JPY10bn for the contribution to the employee retirement benefit trust.
However, Hitachi said there would be no change in Hitachi's business forecast for the year ending 31 March 2008.
The Pensions Regulator (TPR) and Labour MP Stephen Kinnock and will listen to the experiences of steelworkers when transferring their pensions away from the British Steel Pension Scheme (BSPS) next week in Port Talbot.
Just Group has acquired a 75% stake in the holding company of Corinthian Pension Consulting in a bid to strengthen its professional defined benefit (DB) advisory services.
The Pensions Regulator (TPR) has exercised its production order power under the Proceeds of Crime Act 2002 for the very first time as part of a fraud investigation.
The ITN Limited Pension Scheme has named Trafalgar House as its administrator for an initial term of five years.