HBOS has revealed its pension funding position improved by £824m in 2008 - posting a net IAS19 surplus of £477m at the end of the year.
The bank - which was bought by Lloyds TSB in January, forming the Lloyds Banking Group - said the primary reason for the improvement was a increase in the discount rate used to value its liabilities from...
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.
Trustees of the Airways Pension Scheme (APS) will not make a firm decision on whether to appeal the Court of Appeal's judgment on discretionary increase payments until September.
Accountant Hashmukh Shah has pleaded guilty to deliberately providing false information to The Pensions Regulator (TPR) when stating a pension scheme had been set up for staff of a London-based restaurant.