Britvic closed its defined benefit pension scheme to future accrual in April and switched all members to its existing defined contribution plan, results show.
The scheme - which was closed to new entrants in 2002 - had an IAS19 accounting deficit of £15.3m on 17 April. This was a significant reduction on the year end deficit of £85.3m. The beverage manufacturer...
Disasters happen, but the consequences can be huge. Pádraig Floyd looks at what trustees and employers can do to ensure the master trust they have selected can withstand a crisis
The Pension Protection Fund (PPF) has named Stephen Wilcox as chief risk officer, replacing Hans den Boer who leaves the lifeboat fund after just over three years in the role.
UK consumer price inflation fell 0.1 percentage points in April to 2.4%, a fresh one-year low and missing economists' expectations of inflation remaining at 2.5%.
Speculation about rate rises has caused some schemes to delay any further liability hedging. Rosalind Mann looks at why this may be the wrong move.