Cable & Wireless has agreed a demerger settlement which will see its pension provision split into two separate schemes.
The demerger agreement, which completes today, sees Cable & Wireless splitting into two separate listed companies - Cable & Wireless Worldwide and Cable & Wireless Communications - each with separate pension...
The High Court has blocked the £12bn transfer of Prudential's annuity book to Rothesay Life, citing the insurer's lack of "established reputation" and differing "capital management policies".
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.