As a £675m buyout with Rothesay Life brings an end to the Lehman Brothers scheme sage, here is a recap of how events unfolded.
Sept 2008: After Lehman Brothers goes bust, doubts surface over the US investment bank's underfunded UK scheme. (PP Online, 15 September 2008). Oct 2008: The scheme enters Pension Protection Fund assessment...
Some of the UK's biggest pension schemes will be forced to report on climate risk in line with recommendations from the Taskforce for Climate-related Financial Disclosures (TCFD).
TPT Retirement Solutions has launched a pension scheme for the education sector which offers schools both defined contribution (DC) and defined benefit (DB) pension provision.
The People's Pension has revealed plans to overhaul its charging structure, cutting fees and returning profits to members with an aim to help people save more money for retirement.
Data consultancy ITM has appointed Akash Rooprai as head of client management to lead its de-risking business.