AEROSPACE giant BAE Systems is to hold talks with its schemes' trustees on additional contributions after selling its 20pc stake in Airbus to EADS.
The board of Europe’s biggest defence contractor is proposing a £500m share buyback and considering additional payments into its schemes, which, it says, will not affect February’s agreement with workers...
The top stories this week were the High Court's decision to block the £12bn annuity transfer from Prudential to Rothesay Life, and a separate court ruling that 'raises the bar' for pension rectification exercises.
Guaranteed minimum pension (GMP) equalisation has soared to the top of pension schemes' to-do lists, with 58% stating it is a priority project, research from Equiniti has revealed.
Professional Pensions is holding its defined contribution (DC) conference on 4 September.