High street retailer Next has supported its pension scheme through a number of buy-ins but does not want to throw cash into a liability-matching "black hole", trustee chairman Ian Richards says.
Speaking during a panel discussion at the PP Show, Richards said the £500m scheme had moved assets into 75% growth, 25% protection with the support of the sponsor. He also revealed the scheme has entered...
This week's top stories included proposed draft regulations in a no-deal Brexit which would make scheme investments illegal, and Esther McVey's resignation as secretary of state.
There have been a total of 15 ministers responsible for pensions since 1997. Here is the list in full.
Pension Buzz respondents have disputed Lord Myners' arguments that asset owners, including pension funds, are substantially to blame for short-termism in business.