The Pension Protection Fund (PPF) has reached a settlement with Toys R Us - a move that has paved the way for an agreement to be reached on the firm's Company Voluntary Arrangement (CVA).
As part of the agreement, Toys R Us has agreed to pay £9.8m into the pension plan - composed of £3.8m in 2018, with a further £6m promised over 2019 and 2020. The deal also sees the pension deficit...
The Brunel Pension Partnership has become the fourth local authority pool to receive the green light from the regulator.
Defined benefit (DB) schemes are to be offered a new consolidator as the former chief of the Pension Protection Fund (PPF) launches 'The Pension SuperFund'.
Martin Freeman has been hired as head of technology product and development at Smart Pension, to support the 'growing' technology product side of the business.
Tim Sharp says the government has missed some big opportunities to help workers in the DB white paper.