Premier Foods has deferred £94m of scheme contributions until 2014, as part of a deal to refinance more than £1.2bn in debts.
The food company - which owns the Mr Kipling, Hovis and Oxo brands - revealed details of the arrangement in its final results for the year, published today. In a deal similar to the Trinity Mirror move...
A buyout tool which provides schemes with up-to-date pricing and comparisons between insurers has been launched by JLT Employee Benefits.
The DB white paper sets out plans to review the funding regime, with 'prudent' and 'appropriate' possibly redefined. But James Phillips asks if this could this signal a return to an MFR-like approach?
The trustees of GKN's pension schemes have agreed a package of mitigation measures that would improve funding to a "more prudent level" if Melrose's offer is accepted by shareholders next week.
While the new powers are welcome, most respondents doubt it will make a difference to the outcomes for members, Pensions Buzz respondents say.