The National Association of Pension Funds has closed its final salary scheme to new members after liabilities soared by nearly 50% during 2009, PP has learned.
The trade body – which held its annual conference in Liverpool last week – said it had reviewed its arrangements and decided to replace its defined benefit scheme with a trust-based defined contribution...
The trustees of GKN Group's Pension schemes have warned Melrose Industries about its recent the pension funding position, following a bid to take over its the business.
Hymans Robertson has appointed Baljit Khatra as a risk transfer consultant as the firm prepares for the busiest year ever for the bulk annuity market.
Just and the International Longevity Centre (ILC) UK have joined forces to develop creative solutions to tackle vulnerability in later life.
Four in five members of UK pension schemes do not know how to utilise savings pot for retirement, according to research by MFS International.