Phoenix IT Group has clashed in court with trustees of its closed defined benefit pension scheme over the date from which to equalise retirement ages for men and women.
The group argue that retirement ages should be equalised effective from 1997, while the trustees believe this should be calculated from 2005 - a change which could double the scheme's shortfall. In...
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).