The National Society for the Prevention of Cruelty to Children (NSPCC) Pension Scheme has tied up a £63m buy-in with Pension Insurance Corporation (PIC).
The transaction, which was funded from the scheme's portfolio of matching assets, covers all its pensioner members. The deal is structured to defer meeting the cost of future deflation, which PIC said...
This week's top stories included the 'Buck' name being revived as Conduent sold off the HR consulting business to a private equity investor.
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.
Trustees of the Airways Pension Scheme (APS) will not make a firm decision on whether to appeal the Court of Appeal's judgment on discretionary increase payments until September.