End to Nortel feud in sight as agreement reached on pension payouts
An agreement has been reached on how to compensate members of the Nortel pension scheme after years of negotiations since the company went bust in 2009.
Around $7.3bn (£5.7bn) of the collapsed telecom company's assets are now expected to be distributed between all of the firm's creditors, including around 33,000 UK scheme members. The agreement will...
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Longevity assumptions retain stability despite Covid
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Covid restrictions lead Mitchells & Butlers to defer £13m of contributions
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BA defers £450m of DRCs after 'swift and severe' pandemic closures
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DB transfer complaints to ombudsman jump 44% in 2020
Jump from 554 in 2019
