Premier Foods saw the deficit in its defined benefit pension schemes fall by almost two thirds in the 15 months to April, after its hedging strategy paid off handsomely.
The firm, which owns the Mr Kipling and Bisto brands, revealed in its preliminary results that its shortfall had dropped from £603.3m to £211.8m over the period. This was came at a time when many schemes...
UK pension schemes are working hard to counter climate risks across investment portfolios, but the assessment of climate risks to sponsor covenant must be a key focus of schemes’ broader risk assessment, says Michael Bushnell.
Only one third of defined benefit (DB) schemes lengthened their recovery plan end dates in 2019, according to research by Hymans Robertson.
Hargreaves Lansdown has been named as the slowest provider to switch pensions through the Origo transfer service.
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).