Kcom has transferred a £16m secured loan to an asset-backed contribution arrangement (ABC) set up to fund its scheme.
This will provide an extra £1.6m a year to the scheme, which saw its deficit increase from £9.8m to £26.5m in 12 months despite taking action to control the shortfall. The agreement was revealed in...
Canada Life has signed a £351m bulk annuity contract insuring the pensioner liabilities of 2,510 members and dependents in the AA UK Pension Scheme.
In this week's Pensions Buzz, we want to know if you believe there is ever a case for combining retirement savings products with other savings products, and if the PPF levy for sponsorless schemes is appropriate for DB consolidators.
The Insolvency Service has disqualified four directors of trustee firms from running companies for a total of 34 years following an investigation.