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...
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.
Trustees of the Airways Pension Scheme (APS) will not make a firm decision on whether to appeal the Court of Appeal's judgment on discretionary increase payments until September.
Accountant Hashmukh Shah has pleaded guilty to deliberately providing false information to The Pensions Regulator (TPR) when stating a pension scheme had been set up for staff of a London-based restaurant.