Venture capitalist 3i has given its pension scheme security over a £150m shareholding in 3i Infrastructure as part of a long-term de-risking strategy.
The company will retain all income and capital rights relating to the contingent assets, but the scheme will have recourse to them if 3i becomes insolvent or fails to comply with the recovery plan agreed...
The Pensions Regulator (TPR) and Labour MP Stephen Kinnock and will listen to the experiences of steelworkers when transferring their pensions away from the British Steel Pension Scheme (BSPS) next week in Port Talbot.
Just Group has acquired a 75% stake in the holding company of Corinthian Pension Consulting in a bid to strengthen its professional defined benefit (DB) advisory services.
The Pensions Regulator (TPR) has exercised its production order power under the Proceeds of Crime Act 2002 for the very first time as part of a fraud investigation.
The ITN Limited Pension Scheme has named Trafalgar House as its administrator for an initial term of five years.