The National Exhibition Centre Group boosted its profits last year after saving £3.2m from closing its defined benefit scheme to future accrual.
Accounts from the directors show the closure of the firm’s two final salary schemes in June last year reduced DB pension liabilities by £3.2m due to the break in links to future salary increases. The...
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).