The Pension Superfund has told Arcadia's pension scheme trustees that it stands by to "assist the scheme trustees to deliver members into a safe harbour" after the company's rescue deal was approved.
Yesterday (12 June), Arcadia's seven company voluntary agreements (CVA) secured the 75% creditor backing required to allow the retail giant's owner Sir Philip Green to restructure his business, as he seeks...
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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