Premier Inn owner Whitbread has cut its defined benefit (DB) pension deficit to £162m ahead of its agreed £3.9bn sale of Costa Coffee to Coca-Cola.
Local government funds are buying bespoke strategies to shield improved funding levels from potential market falls ahead of their 2019 triennial valuations. Stephanie Baxter reports
BT will appeal last month's High Court ruling which barred it from swapping the inflation indexation used for one section of the BT Pension Scheme (BTPS).