XPS Pensions has published interim results for the half year ending 30 September, posting total revenue of £56.3m and pre-tax profits of £4.4m.
Trustees of the Greenhous Group scheme have secured a medically underwritten buy-in to cover £8.25m of pensioner liabilities.
Sponsoring employers who use spare cash to reduce scheme deficits could see a huge hike in their scheme's Pensions Protection Fund (PPF) levy as a result, warn consultants.
The alarm over funding position volatility since July could have been avoided if schemes measured liabilities based on inflation rather than gilt yields, an actuary believes.
This week's letter to the editor comes from Trigon Pensions' Mark Frost