The Interserve Pension Scheme has entered a buy-in arrangement with Aviva to insure £300m of its pensioner liabilities.
The deal will de-risk the scheme by protecting around 35% of liabilities from fluctuating interest rates, inflation and mortality risk. Trustee board chairman David Trapnell said: "This transaction...
The Pensions Regulator (TPR) and Labour MP Stephen Kinnock and will listen to the experiences of steelworkers when transferring their pensions away from the British Steel Pension Scheme (BSPS) next week in Port Talbot.
Just Group has acquired a 75% stake in the holding company of Corinthian Pension Consulting in a bid to strengthen its professional defined benefit (DB) advisory services.
The Pensions Regulator (TPR) has exercised its production order power under the Proceeds of Crime Act 2002 for the very first time as part of a fraud investigation.
The ITN Limited Pension Scheme has named Trafalgar House as its administrator for an initial term of five years.