Arcadia's two defined benefit (DB) pension schemes have been offered an extra £185m of security over property by Sir Philip Green in the event that it is needed in the future.
The large sum is made up of property assets including security over Arcadia's flagship Oxford Street store, according to confidential documents sent to creditors ahead of the vote on the company voluntary...
The £9bn Merseyside Pension Fund (MPF) has pledged £30m of scheme assets to a private direct lending fund designed to support small businesses and the UK economy.
Pension Insurance Corporation (PIC) has so far racked up £5.8bn of buyouts and buy-ins with defined benefit schemes this year, while reinsuring £7bn of longevity risk, it has revealed.
Just over a third of women claim they do not have a pension plan compared to 17% of men, a Willis Owen survey has found.
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