The trustees of GKN Group's schemes have warned Melrose Industries about the pension funding position, following a bid to take over the business.
This comes after Melrose put together a strategy for GKN's two defined benefit (DB) pension schemes, including a plan to sell its £1bn powder metallurgy business, according to the FT. Collectively,...
Trustees lack expertise, time and resources to develop effective communications on technical pensions issues and need professional help, a major review of the British Steel saga has concluded.
In this week's Pensions Buzz, we want to know if you think trustees should consult directly with members before agreeing to a DB superfund buyout.
Thousands of savers taking tax-free lump sums ahead of retirement are at risk of a pensions shortfall in later life due to neglecting their remaining pot, Zurich has warned.
Professional Pensions is looking to update its list of pensions master trusts in the UK ahead of authorisation. Can you help?