Trustees of the Rentokil pension scheme have reached a provisional agreement with the sponsor on a plan to eliminate its £80m deficit.
The firm's interim results to June 2011, released today, stated an agreement had been reached on the latest triennial valuation which put the deficit at £80m as of March, last year. The company said...
The top stories this week were the High Court's decision to block the £12bn annuity transfer from Prudential to Rothesay Life, and a separate court ruling that 'raises the bar' for pension rectification exercises.
Guaranteed minimum pension (GMP) equalisation has soared to the top of pension schemes' to-do lists, with 58% stating it is a priority project, research from Equiniti has revealed.
Professional Pensions is holding its defined contribution (DC) conference on 4 September.