Gartmore has had its pension scheme deficit plugged with a cash injection of around £55m following a management buyout backed by Hellman & Friedman.
The move will see the fund management firm’s 430 member defined benefit pension scheme closed and replaced with a new defined contribution scheme. The cash injection was split between Hellman & Friedman...
Despite improvements in investment manager attitudes towards responsible investment, research reveals there is a way to go before the majority deliver meaningful action. Victoria Ticha explores why
The Co-operative Bank is set to continue de-risking pension schemes after it mitigated further losses by switching from the retail prices index (RPI) to the consumer prices index (CPI).
A model aimed at reducing climate change-related financial risk exposure from corporate credit assets has been launched by Insight Investment.
Universities Superannuation Scheme (USS) members should be responsible for most of the cost of increased contributions if the scheme's defined benefit (DB) section remains open to accrual, Pensions Buzz respondents say.