The £337m Next Group Pension Plan moved from a £49.5m deficit to a £55.7m surplus after overhauling membership data and securing a buy-in deal, results show.
The clothing retailer said the £124m buy-in - which took place in August last year - cut its scheme exposure to interest, inflation and longevity risks associated with retired members. The results added...
The Pensions Regulator (TPR) has appointed Charles Counsell as its new chief executive, who will take over from Lesley Titcomb next year.
The Reuters Pension Fund has completed a £625m full pensioner buy-in with Canada Life in the insurer's largest ever deal.
Anthony Arter will continue as head of The Pensions Ombudsman (TPO) until 31 July 2021, the Department for Work and Pensions (DWP) has announced.
The Nottinghamshire County Council Pension Fund has hired Kames Capital to run a £22m property mandate.