Debenhams' creditors have passed a company voluntary arrangement (CVA), meaning its defined benefit (DB) schemes will leave Pension Protection Fund (PPF) assessment if the process completes successfully.
The CVA was agreed yesterday (10 May) after the struggling retailer had agreed a £200m refinancing lifeline with lenders at the end of March. The deal included support for its two DB schemes - the Debenhams...
Here it is… The list of all the individuals and organisations that have been nominated for the second annual PP Rising Star Awards.
Since launching as an independent business in August last year, pensions and employee benefits consultancy Buck has won 36 additional client contracts.
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the November 2019 estimates on the various measures…
Pensions schemes are better funded now than this time last year, according to PwC’s annual Pension Scheme Funding Survey.
Private pension wealth has grown to £6.1trn in the last decade up from £3.6trn, Office for National Statistics (ONS) data shows.