SURGICAL instrument manufacturer Aesculap is to close its final salary scheme to future accrual in a bid to shore up a £3m deficit.
The firm intends to replace the scheme with a defined contribution plan into which it will contribute 6.6pc of members’ salaries. It has also pledged to pay off the DB fund’s deficit with additional payments...
The Pensions Regulator (TPR) and Labour MP Stephen Kinnock and will listen to the experiences of steelworkers when transferring their pensions away from the British Steel Pension Scheme (BSPS) next week in Port Talbot.
Just Group has acquired a 75% stake in the holding company of Corinthian Pension Consulting in a bid to strengthen its professional defined benefit (DB) advisory services.
The Pensions Regulator (TPR) has exercised its production order power under the Proceeds of Crime Act 2002 for the very first time as part of a fraud investigation.
The ITN Limited Pension Scheme has named Trafalgar House as its administrator for an initial term of five years.