The trustees of the Tullett Prebon Pension Scheme have agreed to insure all liabilities through a bulk annuity with Rothesay Life.
The deal - which covers all £270m liabilities across both pensioners and deferred members - includes the option to convert to a full buyout further down the line. The sponsoring employer, Tullet Prebon...
David Brown, who oversaw the closure of Tesco's defined benefit (DB) scheme and launch of its defined contribution Retirement Savings Plan, has joined Pitmans Trustees (PTL).
The Cabinet Office has named Legal & General as the preferred provider for the civil service's defined contribution (DC) scheme.
Twelve firms have said they will raise The Pension Regulator's (TPR) guidance on environmental, social and governance (ESG) factors with clients where they are financially material.
Schemes have just five days left to organise voluntary scheme pays processes if they are to be ready for the January tax deadline, Punter Southall has warned.