The number of FTSE 250 companies moving to a master trust is set to increase over the next two years, according to research by Willis Towers Watson (WTW).
The Greene King Pension Scheme has appointed XPS Pensions as its actuarial and investment adviser following a competitive tender process.
UK headline dividends have declined for the first time since 2015, falling 2.1% in the second quarter of 2018, according to the latest quarterly dividend monitor from Link Asset Services.
More than two years' worth of dividends are needed to plug the £4.7bn defined benefit (DB) pensions deficits for 23 FTSE 250 companies, JLT Employee Benefits research shows.
Master trusts are increasingly becoming the defined contribution (DC) vehicle of choice for FTSE 350 companies as they ditch trust-based schemes.
Only 11 companies in the FTSE 250 provide defined benefit (DB) pensions for a significant number of employees, according to JLT Employee Benefits.
Just Retirement has undertaken a pensioner buy-in for the Galliford Try defined benefit (DB) scheme.
Defined benefit (DB) schemes have not had a good start to the year with falling oil prices and low interest rates according to JLT Employee Benefits.
DB schemes will not vanish from FTSE 250 companies in the next 12 months according to PP research.
This week in pensions speculation was rife over tax relief reforms, the chancellor announced a cap on exit fees, and DB was set to vanish from the FTSE 250 within a year.
IFS Proshare head Gabbi Stopp has warned that employers with share schemes need to continue promoting the benefits of their plans.
Total deficits in FTSE 250 defined benefit (DB) pension schemes hit £12bn last year after rising more than 70% in 12 months, according to JLT Employee Benefits.
PP looks at the impact of record-breaking share values on scheme funding
There has been a steady decline in the proportion of FTSE 100 companies offering defined contribution (DC) trust-based schemes, according to Towers Watson.
FTSE350 auditors are to be forced to bid for work every five years under new competition rules; but avoid mandatory rotation.
The Pensions Management Institute is looking to create partnerships with other industry bodies in a bid to boost take-up of its auto-enrolment qualification.
FTSE 250 executive pensions have fallen by 20% since 2010 as a result of changes to tax limits, according to LCP research.
Dividend pay outs from UK companies will increase more than 10% this year, led by top dividend payments from telecom giant Vodafone, Capita predicts.
Gartmore shares have rebounded after the fallout from the suspension of star manager Guillaume Rambourg knocked its share price in early morning trading.