The Merchant Navy Officers Pension Fund (MNOPF) is to rebrand its third party administration and trustee services businesses, MNPA and MNTS, as Ensign.
The scheme said it decided to rebrand the businesses under the umbrella name of Ensign Pensions Group in a bid to give its third party offerings more focus. MNPA will now be called Ensign Pensions Administration...
A buyout tool which provides schemes with up-to-date pricing and comparisons between insurers has been launched by JLT Employee Benefits.
The DB white paper sets out plans to review the funding regime, with 'prudent' and 'appropriate' possibly redefined. But James Phillips asks if this could this signal a return to an MFR-like approach?
The trustees of GKN's pension schemes have agreed a package of mitigation measures that would improve funding to a "more prudent level" if Melrose's offer is accepted by shareholders next week.
While the new powers are welcome, most respondents doubt it will make a difference to the outcomes for members, Pensions Buzz respondents say.