The Pension Protection Fund is set to lose a 10% equity stake in Aquascutum after the high-end fashion retailer entered administration.
The Aquascutum Ltd. Life Assurance & Pension Plan entered the PPF assessment period in 2009 when the company was sold to Harold Tillman and Belinda Earl after a £24m loss the previous year. Aquascutum...
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.