A ban on employers leaving an industry-wide plumbing pension scheme has been extended for six months in a bid to protect the covenant.
The £2bn Plumbing and Mechanical Services (UK) Industry Pension Scheme said the rule, which was first put into effect last January and expected to expire on 1 January this year, would now last until 30...
The Co-operative Group's Somerfield Pension Scheme has completed a buy-in with Pension Insurance Corporation (PIC), insuring the benefits of its pensioner members.
Caroline Rookes CBE and Michele Hirons-Wood have joined The Pension Superfund's board of trustees to focus on maintaining governance standards and safeguarding member benefits.
The first specialist independent firm advising pension schemes on bulk annuities or moving to a consolidator has been set up with ambitions to shake up the market.