Dairy Crest has bought back properties owned by its defined benefit (DB) pension scheme ahead of the sale of the group's dairies business in December.
The Dairy Crest Group Pension Fund sold the properties to the sponsor on 2 November for £8.3m in order to facilitate the dairies sale, the group revealed in its half-year report. This is part of plans...
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.
The Old British Steel Pension Scheme (OBSPS) has agreed a £2bn full buy-in with Pension Insurance Corporation (PIC), one step closer to exiting Pension Protection Fund (PPF) assessment.
Much like when selling a house, DB plans need to tidy up before approaching the bulk annuity market, says David Ellis.
Just Group has completed a £340m buy-in with the Ibstock Pension Scheme in the insurer’s largest ever bulk annuity transaction.