Going cap in hand is never a comfortable experience. But there's a difference between asking your parents for a quid to buy sweets and asking your parent company for £800m to shore up pension deficits.
In fairness to Fujitsu UK & Ireland, and its finance director Steve Clayton (pictured), the call did not exactly come out of the blue. Negotiations have taken place over the past year with a number of...
A buyout tool which provides schemes with up-to-date pricing and comparisons between insurers has been launched by JLT Employee Benefits.
The DB white paper sets out plans to review the funding regime, with 'prudent' and 'appropriate' possibly redefined. But James Phillips asks if this could this signal a return to an MFR-like approach?
The trustees of GKN's pension schemes have agreed a package of mitigation measures that would improve funding to a "more prudent level" if Melrose's offer is accepted by shareholders next week.
While the new powers are welcome, most respondents doubt it will make a difference to the outcomes for members, Pensions Buzz respondents say.