Premier Foods has seen the deficit in its schemes fall slightly from £282.4m to £272.6m over the first six months of the year despite its decision to suspend £47m a year in deficit contributions.
The funding level on an IAS19 basis was boosted by a switch from CPI to RPI for revaluing most members' benefits in the RHM schemes which resulted in a credit of £44m and took it into surplus. Other...
“Mounting red flags of financial stress” have meant almost two-thirds of listed companies with defined benefit (DB) schemes have issued profit warnings this year, EY says.
With rumours once again swirling around the future of pensions tax relief in the run up to this year's Budget, any reduced incentive for long-term savers could risk further exacerbating the generational divide in pensions, says Tom Selby
Trustees are set to have an increased duty of care to ensure employees and members make informed choices when accessing their pension, according to Wealth At Work.
The Family Building Society’s 250-member defined benefit (DB) scheme has transferred into TPT Retirement Solutions’ master trust, DB Complete.