UK - BT, the telecoms group is to seek a court ruling on the status of the Crown Guarantee with regards to its pension scheme, industry reports have claimed.
The guarantee given by the government, set out in section 68 of the 1984 Telecommunications Act, and amended by the 2003 Communications Act, applied to pensions liabilities transferred to the company on...
UK - Government plans to cut a subsidy boosting the appeal of solar panel infrastructure investments could scupper scheme plans to use these investments as part of their liability matching strategies, fund managers say.
UK - Aegon is to close its defined benefit pension scheme to future accrual in March 2013 as part of its restructure and cost saving programme.
UK - The Pension Protection Fund has published its annual report - revealing a surplus of £678m ($1.1bn) at 31 March.
UK - Schemes looking to maximise returns in a low interest rate environment must work closely with investment banks to boost member outcomes, Barclays chief executive Bob Diamond says.
UK -More than 40% of firms have closed or are in the process of closing their defined benefit pension schemes, latest research from Aon Hewitt shows.