The regulator and lifeboat fund have agreed plans to sever the £15bn British Steel Pension Scheme from Tata Steel UK after months of negotiations with the trustee and sponsor.
The terms of the proposed regulated apportionment arrangement (RAA) include £550m to be paid into the 130,000-member scheme by Tata Steel, with the pension fund getting a 33% equity stake in the company,...
The trustees of GKN Group's Pension schemes have warned Melrose Industries about its recent the pension funding position, following a bid to take over its the business.
Hymans Robertson has appointed Baljit Khatra as a risk transfer consultant as the firm prepares for the busiest year ever for the bulk annuity market.
Just and the International Longevity Centre (ILC) UK have joined forces to develop creative solutions to tackle vulnerability in later life.
Four in five members of UK pension schemes do not know how to utilise savings pot for retirement, according to research by MFS International.