Marks and Spencer Pension Scheme
Five stories you may have missed this week
This week’s top stories included the Marks and Spencer Pension Scheme completing two buy-ins, while the Work and Pensions Committee submitted an amendment to the Pension Schemes Bill.
M&S completes £750m buy-ins with Aviva and Phoenix
The Marks and Spencer (M&S) Pension Scheme has completed two buy-ins with Aviva and Phoenix, insuring a total of £750m of benefits.
Five stories you may have missed this week
This week's top stories included The Pensions Regulator criticising Sir Philip Green's latest plans for the Arcadia pension schemes.
M&S completes £1.4bn buy-ins with Phoenix and PIC
The Marks and Spencer Pension Scheme has completed buy-in deals worth £1.4bn with two insurers, mirroring similar transactions last year.
M&S completes buy-ins totalling £1.4bn with Aviva and Phoenix Group
The Marks and Spencer (M&S) Pension Scheme has insured around 15% of its pensioner liabilities through two bulk annuity insurance policies with Aviva and Phoenix Group.
The financial risks schemes need to prepare for
Various risks can have significant effects on DB scheme liabilities, but what should schemes prepare for? James Phillips reports on four investors' views on the biggest looming risks.
M&S confirms DB will close to future accrual
Marks and Spencer (M&S) has confirmed it will close its defined benefit (DB) scheme to future accrual in April 2017, following a three month consultation.
M&S reveals plans to close DB to future accrual
Marks and Spencer (M&S) has announced proposals to close its UK defined benefit (DB) scheme to future accrual as it sets out a turnaround plan for the business.
Santander grows institutional arm with senior hire
Robert McElvanney has been hired as a senior portfolio strategist by Santander Asset Management (SAM) and will work in the institutional side of the business.
M&S agrees with trustees to raise DB contributions for future service
Marks and Spencer has reached an agreement with the trustees of its defined benefit (DB) pension scheme to increase annual cash contributions for future service by £15m.
Pension Scheme of the Year Awards 2013 - The Winners
Here it is - the complete list of winners for this year's Pension Scheme of the Year Awards.
