The CovPress pension scheme has come out of the Pension Protection Fund (PPF) after the automotive supplier was acquired by Liberty House in the first rescue of its kind.
CovPress, which employs around 800 people and makes body panels for major car makers such as Jaguar Land and Renault, fell in administration last September after it experienced significant funding issues. ...
BT may allow the trustees of its pension schemes to take over some of its assets in the case it fails to meets its pension obligations, the firm has suggested.
In the latest of PP's Pensions Influencers interview series, Jonathan Stapleton speaks to Ian McKnight, chief investment officer of the Royal Mail Pension Plan
This week's top stories include coverage of a green paper response which said The Pensions Regulator needs to be investigated and the Pension Protection Fund privatised.
The 3i Group Pension Plan has completed a £200m buy-in with Pension Insurance Corporation (PIC), its first insurance policy so far.