Mothercare schemes gain £1.6m from pension increase exchange exercise
Mothercare's two schemes gained £1.6m after a pension increase exchange (PIE) exercise, one year after a company voluntary agreement (CVA) stopped the schemes entering the Pension Protection Fund (PPF).
In an announcement on the London Stock Exchange today (24 May), the retailer revealed members of the Mothercare Staff Pension Scheme and the Mothercare Executive Pension Scheme were given the option to...
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Quilter doubles redress provision for British Steel pension transfers
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DB funding - July 2020: PPF 7800 deficit grows another 14%
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the July 2020 estimates on the various measures…
Covid-19 pushes endgame back by 18 months
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