LCP

The General Motors UK Pension Plan has entered into a £230m buy-in with Rothesay Life to cover the benefits of all of its 11,000 members.

Tate & Lyle has secured a £347m buy-in with Legal & General to cover 43% of its pensioner liabilities, in the biggest bulk annuity deal of the year.

Schemes facing valuations over the next year will have to provide the regulator with more extensive information about their recovery plans.

Defined benefit members are being left £2-3bn out of pocket every year as trustees and advisers fail to update the terms offered on tax-free lump sums at retirement.

FTSE 250 executive pensions have fallen by 20% since 2010 as a result of changes to tax limits, according to LCP research.

The Pension Protection Fund is to clarify the way schemes should value property as a contingent asset, in the wake of an Ombudsman ruling against it.

LCP has launched an interactive modeller it says will help employers manage the requirements of auto-enrolment.

The turmoil in the eurozone is creating a "bubble" in the buy-in market, consultants warn.

Hidden charges can more than double the cost of diversified growth funds, according to an LCP survey.

LCP has teamed up with Staffcare to take its auto-enrolment and flexible benefits propositions online.