Orthopaedic firm Smith & Nephew has entered into a buy-in with Rothesay Life for its two defined benefit (DB) schemes covering £190m of liabilities.
The FTSE100 company completed the transaction for its UK Pension Fund and UK Executive Scheme, with Rothesay Life carrying out 100% of the transaction. Both of the deals involved an exchange of the...
Andy Palmer says trustees and employers should prepare for a no deal, which could pose big risks to sponsor covenants
The government has rejected the Treasury Committee's call for fundamental and incremental changes to pensions tax relief, noting there is "no clear consensus".
BlackRock has won over a quarter of a £109bn Scottish Widows mandate following a competitive tender process, as the battle for the remaining £79bn in assets continues.