The £2.3bn Philips Final Salary Plan is now fully funded following a £400m cash injection from the company and the adoption of a liability-driven investment strategy, the company reports.
The electronics giant told its 17,000 scheme members the defined benefit plan was in a healthy position and remained stable through recent market turbulence thanks to its use of LDI. Trustees told...
Morgan Stanley Investment Management managing director Laura Bottega was recognised at the Women in Pensions Awards. She tells Stephanie Baxter what has been key to her success.
Businesses are experiencing auto-enrolment data error rates of up to 50%, posing questions over the reliability of pension records, Pensionsync says.
A nationwide survey of committee and local pension board members of the Local Government Pension Scheme has revealed high levels of confidence in all areas of their responsibility.