British American Tobacco’s (BAT) overall net liability for its pensions and healthcare schemes in group subsidiaries nearly doubled in the year to 31 December 2019 to £1.03bn from £518m the year prior.
The firm's full year results revealed the increase may be largely attributed to lower discount rates in the US and the UK, and the agreement with the Pension Insurance Corporation (PIC), whereby the trustees...
As Sammons Pensions Recruitment publishes its 2020 Salary Survey, Sarah Bergin-McCarthy finds the current climate is not hampering regrowth.
ClearGlass Analytics has closed a £2.6m funding round as it delivers greater accountability to pension funds and the wider asset management market.
Life and pensions new business sales at Royal London were 20% lower in 2020 due to the impact of national lockdowns on the UK economy.
This week’s top stories included the chancellor’s freezing of the lifetime allowance in the Spring Budget, along with the industry’s unfavourable response to the move.
The restructuring division of KPMG, including its employer covenant team, will be acquired by H.I.G Europe.