The Marks and Spencer Pension Scheme has completed buy-in deals worth £1.4bn with two insurers, mirroring similar transactions last year.
Marks and Spencer's (M&S) decision to close its defined benefit (DB) scheme to future accrual from April 2017 has resulted in a £127m charge.
To what extent do DC trustees have a moral responsibility to their members, asks Natasha Browne
Jonathan Mindell and Nick Bushell have been appointed to senior positions at JLT Employee Benefits (JLT EB).
The Pensions Ombudsman (PO) upheld complaints against the Marks & Spencer Pension Trust in two cases involving retirement quotations.
Legal & General has launched the Master trust Employer Group for schemes in master trust arrangements.
Legal and General's workplace pension sales have risen 189% this year due to the introduction of auto-enrolment for major retailers.
Marks & Spencer has changed the terms of its £1.1bn pension funding partnership after the Financial Reporting Review Panel expressed concerns over amendments made to the arrangements.
The Marks & Spencer pension scheme's net surplus has grown from £168.5m to £221.2m over the last six months, driven by asset performance.
ICI Pension Fund has appointed Eileen Haughey as its new chief executive.
Braced for impact: Employer's 2012 coping strategies
Marks & Spencer is set to replace its current pension scheme with a ‘bundled mastertrust' called Your M&S Pension Savings Plan in preparation for 2012.
Marks & Spencer's pension scheme has moved into surplus after boosting its funding position by more than £500m over the last year.
The Pensions Regulator felt it necessary to issue guidance on asset-backed funding structures and potential breaches of employer related investment rules this week.
Marks & Spencer Pension Trust has appointed Graham Oakley as its new chairman, the M&S Group announced today.
The launch of the Association of Member Nominated Trustees is a positive step for the industry.
Companies who divert significant cashflows to plug defined benefit scheme deficits run the risk of a credit ratings downgrade, Moody's warns.
The number of schemes using non-cash assets to pay off deficits will outstrip buyouts over the next five years, Deloitte claims.