The Printpack Limited Pension Scheme has taken a majority stake in its sponsoring employer as part of a management buyout of the firm from its American parent company.
It is believed this is the time a scheme has taken over a solvent sponsor, although the Uniq and Kodak schemes have come to similar agreements with insolvent businesses. The scheme's adviser KPMG said...
Here are key takeaways from our 2019 Asset Allocation Outlook on how we are positioning asset allocation portfolios in light of our outlook for the global economy and markets.
This week's top stories included a Freedom of Information request revealing more than 100,000 savers could face six-figure tax bills as a result of GMP equalisation.
The Pearson Pension Plan has entered into a £500m pensioner buy-in with Legal & General (L&G) in the insurer's first deal of 2019.