Sausage skin manufacturer Devro shrank its UK pension scheme deficit by £18.9m last year.
The firm reduced the liabilities for its defined benefit scheme from £31.8m to £13.4m after reaching an agreement with scheme members to cap pension increases (PP Online, 22 October, 2010). The deal...
Canada Life has signed a £351m bulk annuity contract insuring the pensioner liabilities of 2,510 members and dependents in the AA UK Pension Scheme.
In this week's Pensions Buzz, we want to know if you believe there is ever a case for combining retirement savings products with other savings products, and if the PPF levy for sponsorless schemes is appropriate for DB consolidators.
The Insolvency Service has disqualified four directors of trustee firms from running companies for a total of 34 years following an investigation.