WEIR GROUP has agreed to sell off part of its £550m pension scheme to Legal & General.
The industrial pumps manufacturer said the insurer would provide the future pension payments of the 4500 existing pensioners in its pension & retirement savings scheme. As part of the deal, £240m of...
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.