AkzoNobel has slashed deficit recovery plans for its main UK schemes by almost €500m (£440m) over the last year as part of a strategy to cut costs and improve returns.
The chemicals firm, which makes Dulux paint, announced last week that it was cutting recovery contributions to its CPS scheme by €40m a year after agreeing its latest triennial valuation. Together with...
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.