The Gartmore Pension Scheme has entered into a buy-in with Pension Insurance Corporation to cover the liabilities related to all of the scheme's 600 members.
Henderson, the asset manager that bought Gartmore last year, said the cost of the buy-in had been met from the scheme's surplus which stood at £54.1m on an IFRS17 basis at the end of December. The deal,...
An innovative funding structure has been agreed for Croydon Pension Fund. However, there are some concerns about the arrangement. Stephanie Baxter reports
Some 52% of red flags raised by schemes on suspected scam pension transfers involve advisers or unregulated introducers, a report by the Pension Scams Industry Group (PSIG) has claimed.
The Norfolk Pension Fund has been successful as the lead plaintiff in a class action case that went to jury trial in California involving securities fraud.
In this week's Pensions Buzz, we want to know whether bosses should have to pay into the same staff DB scheme as their workers rather than their own executive pension fund.