Stadium Group has closed its defined benefit scheme to existing members in what it calls "an important step towards finally resolving the funding issues within the pension scheme".
The electrical engineering firm is also making £1m in additional contributions this year from the proceeds of the sale of its plastics division it revealed in its half yearly report today. Gross liabilities...
The PPI has unveiled a policy paper outlining current considerations and policy debates relevant to DC scheme default strategies. Kim Kaveh explores some of its views.
The £30bn local government pension pool has appointed Quoniam and Robeco to manage an active equity portfolio worth around £400m.
The volume of insured buyouts from FTSE 100 defined benefit (DB) schemes could increase from £5bn to £300bn by 2029, according to Lane Clark & Peacock (LCP).