Beleaguered transport group Sea Containers is continuing talks with its pension fund creditors amid reports that two executives were each paid over £1m last year.
The Bermuda-registered company – which owns GNER as a rail subsidiary operating the East Coast Mainline – filed for Chapter 11 bankruptcy in the US in October. In November, The Pensions Regulator told...
Mark Evans has been appointed as a director at Independent Trustee Services (ITS) to lead trustee appointments in London.
The Pension Protection Fund (PPF) is consulting on changes to the actuarial assumptions it uses in valuations in a bid to better reflect the bulk annuity market, with schemes set to move into surplus on aggregate.
Private sector defined benefit (DB) schemes were 96.3% funded on a Pension Protection Fund (PPF) compensation basis at the end of July, according to the lifeboat fund's monthly index.
Conduent has completed the sale of its actuarial and human resource consulting business to private equity investor, H.I.G. Capital.