Sainsbury left reeling after Qatar backs out; Risk of not getting it all back; Tory pensions challenge dismays industry; Norwich Union to return £40m
Sainsbury left reeling after Qatar backs out Financial Times (FTp19) Sainsbury’s shares were left reeling yesterday as the Qatar backed investment fund Delta Two dropped its £10.6bn indicative offer...
Melrose has pledged to contribute up to £1bn to GKN's pension schemes as part of a final offer to acquire the engineering business.
Existing master trusts will be forced to pay £41,000 when applying for authorisation under the upcoming regime, the government has confirmed.
UPDATE 2 - DWP publishes DB white paper: Stronger powers for TPR, DB chair statements to be introduced
The Pensions Regulator (TPR) will be given the power to fine company bosses who deliberately puts their defined benefit (DB) schemes at risk, the government has confirmed.
An independent expert panel will be commissioned to review how the £6.1bn funding deficit figure for the Universities Superannuation Scheme (USS) was reached, Universities UK (UUK) has announced.