CH2M unveils Halcrow Pension Scheme rescue plan
CH2M has announced proposed plans to curb benefits for the 3,300 members of the beleaguered Halcrow Pension Scheme (HPS).
Halcrow's parent company CH2M has been developing a solution for HPS and its members after the High Court ruled a previous proposal was not legal. A CH2M letter to scheme members released to PP reveal...
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Evonik scheme completes £544m full buy-in with L&G
The defined benefit (DB) scheme of Evonik Holdings UK has agreed a £544m full buy-in with Legal & General (L&G) Assurance Society.
Exclusive: Market volatility to spur £30bn of buy-ins and buyouts in 2021
Pension risk transfer volumes this year will look similar to those in 2020 as market volatility creates opportunities for schemes able to act fast, according to Willis Towers Watson.
Have your say: Is TPR's approach to the DB funding code the correct one?
In this week’s Pensions Buzz survey we want to know whether you agree The Pensions Regulator’s approach to the defined benefit (DB) funding code is the correct one.
Pension transfer values end volatile year 8% up; Scam 'red flags' at record high
Pension transfer values ended 2020 at £259,000, 8% higher than the start of the year, according to XPS Pensions, after suffering periods of substantial volatility linked to the pandemic while potential scams reached record highs.
Livingbridge sells Broadstone to Intermediate Capital Group
Broadstone has been sold by Livingbridge to Intermediate Capital Group (ICG) for an undisclosed sum.
