Trustees of the Alliance UniChem UK Group Pension Scheme have insured £300m of liabilities with Pension Insurance Corporation.
The pharmaceutical retailer and wholesaler said the buyout is part of its ongoing efforts to ensure long-term security of accrued benefits for its defined benefit pension schemes. The deal sees PIC...
The British Medical Association (BMA) has warned chancellor Philip Hammond to reform the NHS pension scheme rules or doctors will reduce their working hours.
The lifetime allowance should be scrapped and replaced with a lower annual allowance, last week's Pensions Buzz respondents said.
Action for Children Pension Fund has outsourced its pensions administration to Trafalgar House.