Premier Foods will merge its three defined benefit (DB) schemes to allow for redistribution of surplus funding in the event of a scheme buyout.
The company has announced a segregated merger of the RHM, Premier Foods, and Premier Grocery Products pension schemes, which will also reduce scheme costs by £4m annually from 2020/21. The move is designed...
UK pension schemes are working hard to counter climate risks across investment portfolios, but the assessment of climate risks to sponsor covenant must be a key focus of schemes’ broader risk assessment, says Michael Bushnell.
Only one third of defined benefit (DB) schemes lengthened their recovery plan end dates in 2019, according to research by Hymans Robertson.
Hargreaves Lansdown has been named as the slowest provider to switch pensions through the Origo transfer service.
Regulatory guidance “could set too high a hurdle” for superfunds, Lane Clark and Peacock (LCP) warns.
Around one in 25 pension schemes have made use of regulatory easements to deficit recovery contribution (DRC) payment schedules, according to The Pensions Regulator (TPR).