ICI injects £230m
Chemicals giant ICI is to pump £230m into its pension fund following the sale of flavours and fragrance subsidiary Quest. ICI received £1.2bn for the business from Quest’s Swiss rival Givaudan. The remainder...
This week's edition of Professional Pensions is out now.
The government is in talks with the UK and Irish pensions regulators over how to protect members of cross-border schemes in the event of a no-deal Brexit.
The equalisation of guaranteed minimum pensions (GMPs) is at least two years away from being completed, and could take longer than four years for some schemes, a poll has found.
The Pensions Regulator will consider if schemes should be required to have professional trustees and assess the case for greater regulation of administrators and system providers, PP can reveal.