The Merchant Navy Officers Pension Fund has sold three properties in its portfolio for £60m.
A ruling by the High Court yesterday has limited the occasions in which employer debts are triggered in a multi-employer scheme.
UK - A ruling by the UK High Court yesterday has limited the occasions in which employer debts are triggered in a multi-employer scheme.
UK - The volume of buyout transactions will rise to £5bn (US$7.9bn) in 2010 as prices become lower and more stable, the Society of Pension Consultants predicted.
UK - The Merchant Navy Officers Pension Fund has insured around £500m (US$799m) of its pension liabilities through a bulk annuity buy-in deal with Lucida.
The Merchant Navy Officers Pension Fund has insured around £500m of its pension liabilities through a bulk annuity buy-in deal with Lucida.
Trustees considering implementing fiduciary management must be on their guard to ensure they get the best deal for their scheme needs, AllenbridgeEPIC warns.