The Pensions Regulator (TPR) has secured a £255m payment to save the benefits of 24,000 Coats Group scheme members, marking the start of the end to a three-year saga.
The payment, which will be split between the Coats Pension Plan and the Brunel Holdings Pension Scheme (BHPS) defined benefit (DB) schemes, will ensure 90% of the company's scheme members receive their...
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.