WH Smith has agreed a £13m a year recovery plan to plug the deficit of its closed defined benefit scheme over the next seven years.
The revised recovery plan was agreed after the scheme's latest triennial valuation revealed a £75m deficit as at 31 March 2012. The WHSmith Pension Trust closed to existing members in 2007 (PP Online,...
The Brunel Pension Partnership has become the fourth local authority pool to receive the green light from the regulator.
Defined benefit (DB) schemes are to be offered a new consolidator as the former chief of the Pension Protection Fund (PPF) launches 'The Pension SuperFund'.
Martin Freeman has been hired as head of technology product and development at Smart Pension, to support the 'growing' technology product side of the business.
Tim Sharp says the government has missed some big opportunities to help workers in the DB white paper.