Dairy Crest has bought back properties owned by its defined benefit (DB) pension scheme ahead of the sale of the group's dairies business in December.
The Dairy Crest Group Pension Fund sold the properties to the sponsor on 2 November for £8.3m in order to facilitate the dairies sale, the group revealed in its half-year report. This is part of plans...
The Pensions and Lifetime Savings Association (PLSA) is in the process of convening an industry-wide group to take forward the work of the Institutional Disclosure Working Group (IDWG).
The Transfers and Re-registration Industry Group (TRIG) has given its support to an initiative which aims to complete occupational pension transfers within three weeks.
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.