Pension Insurance Corporation (PIC) has invested £75m in debt issued by Virgin Atlantic Airways (VAA) secured against the airlines landing slots at Heathrow Airport.
The bulk annuity provider is the largest member of a small group of lenders to the airline company, which is borrowing £220m in total. It is believed to be the first time a European airline has raised...
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.