Engineering giant GKN has warned the proposed £7.4bn takeover by Melrose Industries could increase its pensions deficit.
In 2017, GKN had an actuarial or ‘technical provisions' pension deficit of £400m, which has fallen from £700m in 2016. In an official pensions update on the London Stock Exchange, GKN warned an increase...
As Sammons Pensions Recruitment publishes its 2020 Salary Survey, Sarah Bergin-McCarthy finds the current climate is not hampering regrowth.
ClearGlass Analytics has closed a £2.6m funding round as it delivers greater accountability to pension funds and the wider asset management market.
Life and pensions new business sales at Royal London were 20% lower in 2020 due to the impact of national lockdowns on the UK economy.
This week’s top stories included the chancellor’s freezing of the lifetime allowance in the Spring Budget, along with the industry’s unfavourable response to the move.
The restructuring division of KPMG, including its employer covenant team, will be acquired by H.I.G Europe.