Chilled food maker Uniq's losses have fallen following the pioneering debt-for-equity deal which saw its pension fund take a majority share-holding.
The company - put up for sale by its pension fund after the deal (PP Online 1 April) - announced its annual pre-tax losses have fallen from £18.5m to £11.5m. The results, released today, do not take...
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).