Judges in the US and Canada have ruled Nortel's assets of $7bn (£4.5bn) should be equally distributed among its creditors, in what lawyers say is a victory for UK pensioners.
The ruling, delivered by the Bankruptcy Court for the District of Delaware and Ontario's Superior Court of Justice, means that all creditors will receive up to a 71% return on their claims. Distributed...
The PPI has unveiled a policy paper outlining current considerations and policy debates relevant to DC scheme default strategies. Kim Kaveh explores some of its views.
The £30bn local government pension pool has appointed Quoniam and Robeco to manage an active equity portfolio worth around £400m.
The volume of insured buyouts from FTSE 100 defined benefit (DB) schemes could increase from £5bn to £300bn by 2029, according to Lane Clark & Peacock (LCP).