GKN has knocked £28m off its UK scheme deficit since December thanks to asset value gains arising from its asset-backed partnership arrangement.
The technology and engineering firm's half yearly report for the six months ended 30 June, published today, revealed a deficit of £56m, compared with the December 2010 year end figure of £84m. It said...
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.