DB pension schemes
Arcadia pension schemes offered additional £185m of security
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.
DB deficit falls £10bn over February, finds Skyval
The deficit of defined benefit (DB) pension funds was £200bn at the end of February, according to figures released by PwC's Skyval index, £10bn lower than at the end of January.
Partner pensions: Time for change?
Hilary Salt says we should look again at whether DB schemes should provide a partner pension given the vast social changes over recent decades
Santander's pension surplus increases fourfold over first half of 2018
The overall surplus of Santander's defined benefit (DB) pension scheme has risen by £595m to almost £800m since the end of 2017.
Abu Dhabi's sovereign wealth fund buys stake in PIC
The Abu Dhabi Investment Authority (ADIA) has agreed to acquire up to 21.4% of shares in the Pension Insurance Corporation (PIC) Group from its founding investor J.C. Flowers & Co.
Sea Containers scheme enters £187m buyout
The Sea Containers 1983 Pension Scheme has been fully insured in a bulk annuity deal completed by Aviva, almost a decade after receiving the regulator's first financial support direction (FSD).