Pendragon, owner of car dealership franchise Evans Halshaw, has slashed its scheme liabilty nearly 90% after entering into an asset backed deal with its trustees.
Accounts filed today by the FTSE listed firm show its defined benefit obligations plummeted from £69.7m at the start of last year to £8m on 31 December 2011. The drop is a result of a three year deficit...
Ex-BHS owner Dominic Chappell has been ordered to pay a total of £87,000 in fines and court costs after he was found guilty of failing to provide The Pensions Regulator (TPR) with information.
The Department for Work and Pensions (DWP) has said it while believes in the benefits of consolidating defined benefit (DB) schemes, there are significant issues to overcome.
There is just one week left to register to enter the Workplace Savings and Benefits Awards 2018.
Nearly a third (32%) of employers believe new technologies, such as augmented and virtual reality, will play a part in benefits communications, latest research from Aon Employee Benefits reveals.