Mothercare schemes gain £1.6m from pension increase exchange exercise
Mothercare's two schemes gained £1.6m after a pension increase exchange (PIE) exercise, one year after a company voluntary agreement (CVA) stopped the schemes entering the Pension Protection Fund (PPF).
In an announcement on the London Stock Exchange today (24 May), the retailer revealed members of the Mothercare Staff Pension Scheme and the Mothercare Executive Pension Scheme were given the option to...
More on Defined Benefit
PPF gives 90-day levy extension to struggling employers
The Pension Protection Fund (PPF) has announced a 90-day interest-free extension to levy payments for employers struggling due to the Covid-19 economic crisis.
Sustainability isn't new; It's (part of) everything
James Riley says sustainability involves balance, and one of the key areas where this needs to be struck is DB funding.
EXCLUSIVE: Superfunds could complete multi-billion deals this year
Superfunds could be on course to complete multi-billion-pound transfers of defined benefit (DB) funds by the end of this year, Isio says.
DB funding - June 2020: Deficits grow further in Covid-19 markets
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the June 2020 estimates on the various measures…
Context clarity: Understanding your journey to full funding
Marian Elliott looks at the three questions trustees should ask to understand the route to endgame.
