Trinity Mirror will stick to its reduced deficit funding schedule despite seeing its shortfall increase by a third over the last six months.
The newspaper publisher attracted the attention of The Pensions Regulator earlier this year when it slashed £70m from its deficit recover plan in a deal to pay off creditors in the US (PP Online, 16 March)....
Mark Evans has been appointed as a director at Independent Trustee Services (ITS) to lead trustee appointments in London.
The Pension Protection Fund (PPF) is consulting on changes to the actuarial assumptions it uses in valuations in a bid to better reflect the bulk annuity market, with schemes set to move into surplus on aggregate.
Private sector defined benefit (DB) schemes were 96.3% funded on a Pension Protection Fund (PPF) compensation basis at the end of July, according to the lifeboat fund's monthly index.
Conduent has completed the sale of its actuarial and human resource consulting business to private equity investor, H.I.G. Capital.