Marks and Spencer has reached an agreement with the trustees of its defined benefit (DB) pension scheme to increase annual cash contributions for future service by £15m.
As a result of the completion of the scheme's 31 March 2015 triennial valuation, the company said these contributions will increase from £42m in 2015/16 to £57m in 2016/17. The company said this was down...
A Merseyside pre-school nursery and its director have been ordered to pay £8,200 after admitting failing to enrol members of staff into a workplace pension scheme.
Interest around DB consolidators is high but there remains regulatory uncertainty around their future. Lesley Carline looks at what the future might hold for this section of the market.
The Carter & Parker Limited Staff Retirement Benefits Plan (1975) has agreed a £9.3m bulk annuity deal with Canada Life.
The Aegon UK Staff Retirement and Death Benefit Scheme has secured a £144m buy-in with Phoenix, covering around a quarter of pensioner liabilities.
There are a wide range of possible life expectancy disruptors. PwC's Paul Kitson looks at how one of these, wearables, could impact schemes.