Communisis has set up an asset-backed contribution arrangement with its pension scheme after a raft of measures to cut its deficit were cancelled out by market movements.
The communications firm revealed in its preliminary results it had given the scheme - which has an accounting deficit of £14.2m - rights to an annual income stream of £1.15m from one of its properties....
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.