The Northern Gas Networks Pension Scheme has agreed a £385m pensioner buy-in with Legal & General (L&G).
Professional Pensions rounds up some of the latest news from two major pension consulting firms.
Barnett Waddingham has published its annual report and accounts, revealing a 9% rise in revenues to £107.9m and a 5% increase in pre-tax profits to £29.7m in the year to 31 May.
Nearly every trustee is confident of the next stage in their scheme’s strategy, despite almost an equal number being forced to consider replacing plans within the prior 12 months, according to research by Barnett Waddingham.
Chris Hawley, Jonathan Hazlett and Joe Webster look at what the potential outcome of TPT’s Growth Plan’s 2020 valuation could mean for participating employers.
The BHS Senior Management Scheme has agreed a £2.5m buy-in with Legal & General (L&G) Assurance Society, securing benefits outside of the Pension Protection Fund (PPF).
Lewys Curteis looks at what the changes to the PPF’s levy rules mean for schemes over the long-term.
The Old British Steel Pension Scheme (OBSPS) has agreed a £2bn full buy-in with Pension Insurance Corporation (PIC), one step closer to exiting Pension Protection Fund (PPF) assessment.
Punter Southall has launched a defined benefit (DB) scheme consolidator in a bid to allow small schemes to cut their running costs, reduce risk and improve benefit security and governance.