Greencore has set up an asset-backed contribution structure (ABC) to fund a £40m deficit in one of its defined benefit (DB) schemes.
The convenience food manufacturer revealed in its full year results, published today, that it had entered into the agreement with the Hazlewood Foods Retirement Benefits Scheme in May. The group made...
The top stories this week were the High Court's decision to block the £12bn annuity transfer from Prudential to Rothesay Life, and a separate court ruling that 'raises the bar' for pension rectification exercises.
Guaranteed minimum pension (GMP) equalisation has soared to the top of pension schemes' to-do lists, with 58% stating it is a priority project, research from Equiniti has revealed.
Professional Pensions is holding its defined contribution (DC) conference on 4 September.