Spectris has slashed the deficit of its UK defined benefit scheme by almost two-thirds through a mixture of deficit contributions and an enhanced transfer value exercise.
The technology firm revealed in its final results today that it had cut the shortfall from £3.7m to £1.3m on an IAS19 basis over the year. This was principally due to recovery payments of £2.6m made...
Willis Towers Watson's LifeSight is the first master trust to be granted authorisation by The Pensions Regulator (TPR).
An innovative funding structure has been agreed for Croydon Pension Fund. However, there are some concerns about the arrangement. Stephanie Baxter reports
Some 52% of red flags raised by schemes on suspected scam pension transfers involve advisers or unregulated introducers, a report by the Pension Scams Industry Group (PSIG) has claimed.
The Norfolk Pension Fund has been successful as the lead plaintiff in a class action case that went to jury trial in California involving securities fraud.