Babcock International has completed the first stage of its longevity swap deal in a bid to cap its exposure to increasing life expectancy.
The engineering firm said the Devonport Royal Dockyard pension scheme - which is sponsored by a Babcock subsidiary - signed a contract with Credit Suisse to cap its longevity exposure yesterday. The...
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point