Centrica has set up an £84m funding structure backed by loans to other companies in the group in a bid to plug its defined benefit deficit.
In its final results, published today, the energy supplier said the Scottish Limited Partnership would provide and income of £22m a year to its schemes over the next four years. The partnership is part...
The secretary of state for work and pensions has told MPs clawback and avoidance measures could be imposed for the people responsible for driving Carillion over the cliff.
Occupational pension provision has continued to grow in value, but there remains large variance in incomes across the pensioner age group, according to latest government data.
Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.
Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.