Trustees of British Airways Pension Scheme continued to move the £6.5bn fund away from investment in equities over the past year.
Trustees of the defined benefit scheme, which was closed to new members in March 2003, made the move to limit risk and protect the current positive funding position. Chairman of trustees Roger Maynard...
The Pensions and Lifetime Savings Association (PLSA) is in the process of convening an industry-wide group to take forward the work of the Institutional Disclosure Working Group (IDWG).
The Transfers and Re-registration Industry Group (TRIG) has given its support to an initiative which aims to complete occupational pension transfers within three weeks.
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.