HOUSE of Fraser Pension Scheme trustees have sanctioned the sale of the store chain to consortium Highland after a deal was struck over payments into the fund.
Highland – which includes Icelandic investment house Baugur, FL Group and Bank of Scotland – agreed to make a £44m lump sum payment and a further £49m over five years to tackle House of Fraser’s £106m...
The Pension Protection Fund (PPF) is consulting on proposals to charge a "risk reflective" levy for commercial defined benefit (DB) consolidation vehicles.
The funding gap across FTSE 350 schemes could be slashed by as much as £275bn if schemes look beyond traditional ways of creating value. Victoria Ticha examines how
There will be "many flavours" of defined benefit (DB) consolidators but consolidation will only be the right answer for a minority of schemes, Alan Rubenstein says.
Work and Pensions Committee (WPC) chairman Frank Field has questioned the regulator on what lessons it can learn from the experience of the Kodak Pension Plan No.2 (KPP2).