British Airways has reached agreement with the trustees of the New Airways Pension Scheme and Airways Pension Scheme on a recovery plan to address its £3.7bn funding deficit.
European asset-backed securities offer pension funds attractive risk and return compared with corporate bonds, providing security and a significant yield increase over the longer term, industry experts say.
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The pensions industry is set to revolt over EU attempts to reignite the issue of solvency standards in pension schemes.
EUROPE - The pensions industry is set to revolt over EU attempts to reignite the issue of solvency standards in pension schemes.
A more proactive approach towards protecting member benefits is needed, despite economic uncertainty stunting decision making, Zolfo Cooper says.
Millions of people are basing their retirement planning on their occupational defined contribution pension scheme.
Bosses were ordered to keep up benefit payments to a long-serving former employee despite no pension documentation or contracts existing.
Aegon is withdrawing from the bulk annuities market with immediate effect as part of a restructure of its UK life and pensions business.
An employer member of the National Association of Pension Funds has accused the trade body of failing to consult with members before issuing public statements.