Trustees of the Northern Rock Pension Scheme have held talks with buyout specialists over the future of the £355m scheme.
But trustee John Watson denied reports that the board had made a decision on how it would proceed. He told PP: “Clearly the trustees have decided in the present climate we need to review the various...
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.