The Pearson Pension Plan has agreed two buy-ins worth £1.2bn and has laid the groundwork for more bulk annuity contracts in the future.
A shareholder resolution at Pearson has been filed by a coalition of schemes including Unison's staff pension fund to urge the company to review its business strategy.
Pearson has said it will contribute £90m to its pension scheme after completing the £844m sale of the FT Group to Nikkei.
While some schemes are facilitating DB-DC transfers others are more hesitant. Michael Klimes looks at why this is happening