Arcadia's two defined benefit (DB) pension schemes have been offered an extra £185m of security over property by Sir Philip Green in the event that it is needed in the future.
The large sum is made up of property assets including security over Arcadia's flagship Oxford Street store, according to confidential documents sent to creditors ahead of the vote on the company voluntary...
The industry has positive expectations for The Pensions Regulator’s (TPR) forthcoming funding code for defined benefit (DB) pension schemes, according to Aon.
Taylor Wimpey saw an actuarial loss on its defined benefit (DB) pension scheme of £8.9m in the year ending 31 December 2019, significantly lower than the £84.3m loss the year prior.
Life expectancy grew by less than a year for both men and women in the last ten years, with health inequalities widening at the same time, the Institute of Health Equality has concluded.
BAE Systems will make a one-off payment of £1bn into its pension scheme “in the coming months” to plug a £1.9bn hole.