The Comet Pension Scheme deficit remained unchanged at €40m (£34m) last year, despite the scheme receiving additional contributions in a deal which released former sponsor Comet from its obligations.
The scheme's liabilities were assumed by French parent company Darty when Comet was sold to a private equity firm for £2 in 2012 (PP Online, 9 November 2011). As part of this deal, Darty agreed to accelerate...
This week's Pensions Buzz respondents were mostly in agreement that 10 weeks is an appropriate length of time to conduct a full DB to DC transfer.
In this week's Pensions Buzz, we want to know if you think Guy Opperman will stay in post as pensions and financial inclusion minister under the new prime minister.
The City and County of Swansea Local Government Pension Scheme (LGPS) will swap around a quarter of its assets to a low-carbon fund by the end of the month, it has announced.