Daily Mail and General Trust has set up a £150m partnership using contingent assets to fund its largest defined benefit scheme.
Under the agreement, the Harmsworth Pension Scheme will receive £10.8m a year in interest from a loan note until 2026. The loan note is issued by DMGT Loanco, a Scottish partnership between the scheme...
Kim Gubler says it is time that schemes and administrators reassess SLAs and look at what real people need from their pension schemes and when
The Pensions Regulator (TPR) is focusing on reducing the number of "poorly-run" schemes as it seeks to improve standards across the board.
Prudential Retirement has completed around $2.6bn (£2bn) of reinsurance contracts for UK pension scheme longevity risk since the start of the year, it has disclosed.
Funding standards for DB schemes have increased exponentially over the past decades. Con Keating says such significant overstatement of liabilities will lead to pushback through the courts.