The funding level of Tesco's defined benefit (DB) pension scheme has fallen yet again as it revealed its first-half profits have more than halved.
The troubled supermarket's pension deficit rose to £4.2bn on an accounting basis at the end of the first half of its financial year from £3.9bn at the end of February, according to its half-year report....
The Pension Schemes Bill has been scheduled for ping-pong, its penultimate step before becoming law.
The Pensions Regulator’s (TPR) long-term funding approach will put extra financial pressure on UK pension scheme sponsors, according to Aon.
The Marie Curie defined benefit (DB) scheme has entered into a circa £30m full scheme buy-in agreement with Legal & General (L&G) Assurance Society.
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the December 2020 estimates on the various measures…
Metropolitan Tower Life Insurance Company has announced it completed four longevity reinsurance transactions with Legal & General (L&G) Assurance Society last year.