The Co-operative Pension Scheme (Pace) has entered into its fourth bulk annuity transaction of 2020, agreeing a £350m buy-in with Aviva.
Chris Martin speaks to James Phillips about Independent Trustee Services’ plans since its management buyout and his experience working with stressed and distressed schemes.
The Co-operative Pension Scheme (Pace) has agreed its third buy-in this year, insuring £400m of liabilities in the Co-operative Bank section of the scheme with Pension Insurance Corporation (PIC).
The Co-operative Pension Scheme, known as Pace, has completed a £1bn buy-in with Aviva in the first announced bulk annuity deal of 2020.
Independent Trustee Services (ITS) has become a fully independent firm after undertaking a management buyout from Mercer.
The story of BHS is one of both outrage and happy endings. James Phillips speaks to trustee chairman Chris Martin and his advisers about the scheme's endgame journey
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.
Over two years since the collapse of the high street giant, BHS pension scheme members will be able to put their anxieties to rest thanks to a bulk annuity deal. James Phillips explores the detail.
Approximately 9,000 members who transferred to the BHS2 Pension Scheme last year have had their benefits fully insured through a buyout with Pension Insurance Corporation (PIC).
The regulatory framework is too restrictive and The Pensions Regulator (TPR) is hampered by conflicting objectives, Robin Ellison and Chris Martin told a parliamentary inquiry today.
Graham Bryant has been appointed as a client director at Independent Trustee Services (ITS) to lead trustee appointments in Manchester and the North of England.
Trustees of the two British Home Stores (BHS) schemes have sent 18,000 letters to members explaining the options available to them following the deal reached earlier this year.
Andy Smith, who heads up the Invensys Pension Scheme, has been appointed a client director at Independent Trustee Services (ITS).
The landmark agreement between the regulator and Sir Philip Green over British Home Stores (BHS), which will enable members to avoid the Pension Protection Fund (PPF), has been welcomed by the trustees.
The scrapping of Project Thor to save British Home Stores cannot be blamed on pension regulation, according to the watchdog's chief executive Lesley Titcomb.
The withdrawal of Project Thor to rescue British Home Stores (BHS) raised concerns about the level of support for both schemes, MPs have been told.
Defined benefit (DB) scheme members need to be made more aware of the risks to their benefits according to the Pensions and Lifetime Savings Association's Ashok Gupta.
MIRA Retirement Benefits Scheme (MIRARBS) has secured a £70m buyout after agreeing to compromise its sponsor's statutory debt as part of a corporate restructuring.
Jim Green has been appointed as a client director by Independent Trustee Services (ITS) to lead trustee appointments on behalf of the firm.
In our end-of-year round-up we asked industry spokespeople to preview the year ahead in pensions.
Trustees of the Uniq Pension Scheme have signed a £830m buy-in deal with Rothesay Life.
The scheme at the heart of a legal dispute between trustees and the Pension Protection Fund has finally completed its transfer to the lifeboat fund one year after it went into liquidation.
Letters flood in over a proposed code of conduct for professional trustees. Read more here...
Independent Trustee Services has added legal and regulatory experience to its board with the appointment of Martine Trouard-Riolle as a director.