The T&N Retirement Benefit Scheme has agreed a £1.1bn buy-in after its funding level was found to exceed the threshold for Pension Protection Fund entry.
The trustee for the scheme - which entered the PPF assessment period in 2006 after the insolvency of its sponsoring employer in 2001 - said the agreement would guarantee at least PPF level benefits for...
BNY Mellon has launched a range of reporting tools to help institutional investor clients track and evaluate portfolio investments based on environmental, social and governance (ESG) issues.
Three in five trustees have not heard of Clara Pensions, one of two defined benefit (DB) consolidators to have launched since last year's government white paper.
Both New Zealand and Australia are assessing myriad complex pension policy options. David Harris says the UK would do well to study these developments
Inflation in the UK rose slightly in February to 1.9% on the back of higher food prices, according to the Office for National Statistics (ONS).