Aga Rangemaster has secured a £60m refinancing deal after agreeing a recovery plan with trustees that has seen it pump £16m into its scheme this year.
The firm announced the arrangements today after first revealing them in the summer (PP Online 24 August). They do not commit the firm to any further recovery contributions until the second half of 2015...
Regulatory guidance “could set too high a hurdle” for superfunds, Lane Clark and Peacock (LCP) warns.
Around one in 25 pension schemes have made use of regulatory easements to deficit recovery contribution (DRC) payment schedules, according to The Pensions Regulator (TPR).
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the September 2020 estimates on the various measures…
Philip Dickinson looks at the impact of Covid-19 on the transfer market and how schemes and advisers can support members.
The Pension Protection Fund (PPF) has an 83% probability of success for its target of being self-sufficient by 2030 as of March this year, a six percentage point drop from 2019.