The former owners of Bernard Matthews have been criticised for rejecting a takeover deal which would have stopped its defined benefit (DB) scheme from entering the Pension Protection Fund (PPF).
Rutland Partners, who sold the company to Boparan Private Office (BPO) for £87.5m in September last year, rejected a full takeover offer, which would have seen BPO take on the full liabilities of the DB...
Canada Life has signed a £351m bulk annuity contract insuring the pensioner liabilities of 2,510 members and dependents in the AA UK Pension Scheme.
In this week's Pensions Buzz, we want to know if you believe there is ever a case for combining retirement savings products with other savings products, and if the PPF levy for sponsorless schemes is appropriate for DB consolidators.
The Insolvency Service has disqualified four directors of trustee firms from running companies for a total of 34 years following an investigation.