Greene King has seen its defined benefit (DB) deficit fall 5% after it closed its three schemes to future accrual, its year end results show.
The brewer announced it had closed the schemes to future in accrual last December (PP Online, 4 December 12) and invited staff to join its defined contribution (DC) offering. The schemes were closed to...
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.