Chemring has contributed more than £27m in contingent assets to its pension fund and opened a consultation to close the scheme to existing members.
The defence firm's full year results, released today, reveal it gave bank guarantees and letters of credit worth £27.2m to the scheme which can be drawn upon if it defaults on contributions. It said...
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.