Isio

Draft regulations will add to, amend and remove elements of the regime with greater definition

31-member deal comes after enhanced covenant and security package from sponsor

The regional approach across eight locations reflects its nationwide workforce

Firms looking to take new approach to flexible working as the Covid pandemic comes to an end

Consultancy starts afresh in eight new offices as lockdowns come to an end

Global travel firm Tui has agreed two buy-ins worth a total of £794m with Legal & General (L&G) Assurance Society, insuring two sections of the Tui Group UK Pension Trust.

Turbulent markets damaged fiduciary managers’ ability to achieve client-specific objectives, says Isio, with none meeting the target.

Trustees have been warned to keep an eye on weakening employer covenants even after a positive aggregate funding experience in the last three years as myriad funding and investment issues pose risks to defined benefit (DB) schemes.

The Nortel Networks UK Pension Plan has agreed a further £105m buyout with Legal & General (L&G), topping up the benefits agreed in a prior deal.

Here it is, our monthly digest of the most important pension articles Professional Pensions has written and published over the last month, along with some contextual notes.