The ground-breaking pensions deal reached between Uniq, its pension scheme trustees and the Pension Protection Fund last week is a first for the industry. But probably not the last.
Uniq found itself in the position where it was a small company – with a market cap of £6m – attached to an enormous pension scheme that had a deficit of £436m. The once massive company that included...
The Pension Protection Fund (PPF) is consulting on proposals to charge a "risk reflective" levy for commercial defined benefit (DB) consolidation vehicles.
The funding gap across FTSE 350 schemes could be slashed by as much as £275bn if schemes look beyond traditional ways of creating value. Victoria Ticha examines how
There will be "many flavours" of defined benefit (DB) consolidators but consolidation will only be the right answer for a minority of schemes, Alan Rubenstein says.
Work and Pensions Committee (WPC) chairman Frank Field has questioned the regulator on what lessons it can learn from the experience of the Kodak Pension Plan No.2 (KPP2).