Dairy Crest will slash dividends by 25% to help fund the additional cash contributions to its pension scheme, the company confirms.
Group chief executive Mark Allen said the firm, which owns Cathedral City cheese and Clover, would pay £20m per year into its pension scheme from this October. However, due to the extra cash contributions...
A suite of liability driven investment (LDI) indices has been launched by STOXX and RiskFirst to aid trustees and consultants select, monitor and challenge managers.
British Airways and the trustees of one of its pension schemes are set to argue over the purpose of a pension scheme, leading to an impactful judgment for DB pensions. James Phillips explores the issue
Bank of England governor Mark Carney has said there is still a lot of data to consider before the Monetary Policy Committee (MPC) can decide when to next hike interest rates.
Savers are not squandering their tax-free lump sums under Freedom and Choice but are taking a more cautious approach to retirement, according to Prudential research.