Asda is to close its defined benefit scheme to future accrual to address its £400m deficit.
The supermarket said it would offer the 4,000 existing members of the scheme a one-off cash sum equal to 25% of members salaries as compensation. It said members would move into a defined contribution...
The Howden Group Pension Plan has completed a full pensioner buy-in with Legal & General (L&G), insuring benefits for around 2,000 members.
Professional Pensions is looking to update its list of pensions master trusts in the UK ahead of authorisation. Can you help?
Concern about the potential impact on employer covenants has been rated the top risk for defined benefit (DB) schemes, according to a PTL survey.
Jonathan Stapleton says the DWP's progress on CDC is a welcome, and cautious, step forward.