The Leaf UK Pension Scheme has secured a £35m buyout with Pension Insurance Corporation, covering approximately 700 members.
The trustees were advised by LCP and Osborne Clarke and the sponsor, a Dutch natural food preservation and green chemicals firm, was advised by PwC. The scheme said the transaction was the culmination...
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.