The Institute of Cancer Research Pension Scheme has swapped its gilt portfolio for a £30m buy-in with Pensions Insurance Corporation as part of its investment strategy.
The deal was completed after all parties reached an agreement in principle and set up a monitoring mechanism to alert the trustees when market conditions were most favourable. Advisers to the trustees...
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers