Global technology firm Smiths has agreed a 10-year funding plan for its two principal UK defined benefit pension schemes.
The complex deal - completed after the group's triennial valuation revealed a deficit of £305.3m - will see it make cash contributions of £36m a year to the Smiths Industries Pension Scheme (SIPS). ...
Some of the UK's biggest pension schemes will be forced to report on climate risk in line with recommendations from the Taskforce for Climate-related Financial Disclosures (TCFD).
TPT Retirement Solutions has launched a pension scheme for the education sector which offers schools both defined contribution (DC) and defined benefit (DB) pension provision.
The People's Pension has revealed plans to overhaul its charging structure, cutting fees and returning profits to members with an aim to help people save more money for retirement.
Data consultancy ITM has appointed Akash Rooprai as head of client management to lead its de-risking business.