Northern Foods will contribute a "proportion" of the £6.4m sale of loss-making frozen food products manufacturer Dalepak to Irish Food Processors Group to help fund its £146.4m scheme deficit.
The firm - which supplies products including pizza brands Goodfellas and San Marco to five major supermarkets chains - saw the actuarial deficit on its defined benefit schemes worsen by £81.4m last year....
Proposed changes to The Pensions Regulator's (TPR) notifiable events framework so it can be more proactive when corporates make changes will create a very challenging workload, it has been said.
Aviva has created a new pension skill for Amazon Alexa that allows customers to find out how much they have saved towards their retirement.
PP has compiled a list of what to watch out for over the coming months.
The proposed cold-calling ban may be ineffective if a collaborative regulatory approach between the UK and the European Union (EU) is not maintained post-Brexit, the Pensions Management Institute (PMI) has warned.