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...
Some of the UK's biggest pension schemes will be forced to report on climate risk in line with recommendations from the Taskforce for Climate-related Financial Disclosures (TCFD).
TPT Retirement Solutions has launched a pension scheme for the education sector which offers schools both defined contribution (DC) and defined benefit (DB) pension provision.
The People's Pension has revealed plans to overhaul its charging structure, cutting fees and returning profits to members with an aim to help people save more money for retirement.
Data consultancy ITM has appointed Akash Rooprai as head of client management to lead its de-risking business.