Retail giant WHSmith is to split its defined benefit pension scheme in two and make a one-off cash injection of £50m.
The move is part of the company’s plans to separate its news distribution and retail arms into two listed companies – retailer WH-Smith and distributor Smith News. The WHSmith Pension Trust defined...
Contract-based schemes could face requirements to disclose their firms' policies on environmental, social and governance (ESG) issues under Financial Conduct Authority (FCA) plans.
Kate Smith has been named head of master trust at Aegon following the acquisition of BlackRock's defined contribution (DC) businesses.
Andy Palmer says trustees and employers should prepare for a no deal, which could pose big risks to sponsor covenants