TRUSTEES of the Jacques Vert pension scheme have agreed a special £5m payment and closure of a subsidiary fund, reports claim.
The clothing manufacture says it intends to make a one-off contribution in two equal instalments and make three £170,000 annual payments towards operating costs of the Jacques Vert Scheme, which was established...
Kim Gubler says it is time that schemes and administrators reassess SLAs and look at what real people need from their pension schemes and when
The Pensions Regulator (TPR) is focusing on reducing the number of "poorly-run" schemes as it seeks to improve standards across the board.
Prudential Retirement has completed around $2.6bn (£2bn) of reinsurance contracts for UK pension scheme longevity risk since the start of the year, it has disclosed.
Funding standards for DB schemes have increased exponentially over the past decades. Con Keating says such significant overstatement of liabilities will lead to pushback through the courts.