GKN Group is considering issuing corporate bonds to plug the gap in its defined benefit (DB) schemes, according to reports.
The Sunday Times said this was in response to the engineering firm seeing a 30% surge in the deficit of its DB schemes globally over 2016. The paper said the company is hoping the bonds will raise £250m,...
Partner Insight: Members' evolving needs and expectations are driving changes in scheme administration. As the pensions landscape inevitably continues to change, how will your scheme's approach need to develop to keep pace?
The Pensions Regulator (TPR) is "working closely" with government contractor Interserve and the trustees of its defined benefit (DB) pension schemes, it has confirmed.
The industry has welcomed the Department for Work and Pensions' (DWP) consultation on defined benefit (DB) consolidation as a way to address scheme covenant issues.
BMO Global Asset Management has opened a UK fiduciary management business, promising a "truly open architecture" approach to deliver "better client outcomes".