ICI is to pump £230m into its pension fund following the sale of flavours and fragrance subsidiary Quest.
The chemicals giant received £1.2bn for the business from Quest’s Swiss rival Givaudan. The remainder of the cash will be used to pay off debts and tax bills. The move has cut the deficit in the company’s...
The trustees of the Kodak Pension Plan No.2 (KPP2) have said it will likely enter the Pension Protection Fund (PPF) in "due course" after reviewing the scheme's investment in Kodak Alaris.
A US company has completed a £285m pensioner bulk annuity for around 1,100 of UK members with Legal & General (L&G).
Former BHS chief Dominic Chappell has been accused of trying to rewrite history as he seeks to overturn a conviction for failing to hand over information to the regulator.
The Pensions Regulator (TPR) will double down on its supervision with hundreds of schemes expecting increased oversight, while more than 60 will be subject to dedicated, one-to-one supervision.