InterContinental Hotels Group (IHG) has agreed a £440m all-risk buyout for its UK pension plan with Rothesay Life, securing improved benefits for members owing to suitable market conditions.
Taha Lokhandwala looks at how the availability of high quality corporate bonds affects schemes’ funding positions
As many as 30% of trustees say their schemes are unlikely to meet the needs of the majority of their members in retirement, according the Association of Member Nominated Trustees (AMNT).
Goldman Sachs has put a majority stake of its UK bulk annuity insurance business up for sale.
A rise in equities failed to halt increasing deficits at the UK's biggest companies as corporate bond yields took a negative turn, research from Mercer shows.
A shortage of AA corporate bonds is leading to inconsistencies in the way FTSE350 companies calculate defined benefit (DB) deficits, Hymans Robertson says.
Natasha Browne explains what needs to change
Taha Lokhandwala examines the impact of the latest figures on data
Taha Lokhandwala investigates the latest figures from the Office for National Statistics
UK CPI inflation rose from 2.4% to 2.7% in May, according to the Office for National Statistics, a larger than expected rise driven by transport and clothing costs.