TUI Travel
Defined Benefit
TUI Travel has embedded a Pension Increase Exchange (PIE) offer into its retirement processes, in a move which has cut its liabilities by up to £32m.
08 August 2014
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Risk Reduction
TUI has completed a Pension Increase Exchange (PIE) exercise across its three UK defined benefit (DB) schemes.
13 May 2014
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Defined Benefit
Trustees of the £570 Britannia Airways Ltd Superannuation and Life Assurance Scheme have appointed LCP to act as its actuarial adviser.
23 March 2012
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Defined Benefit
TUI Travel's pension deficit has climbed above £500m as poor asset performance and changes to actuarial assumptions wiped out savings made by capping benefit accrual.
05 December 2011
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Defined Benefit
Sponsors will increasingly turn to intellectual property as a contingent asset to plug pension fund deficits, lawyers say.
14 September 2011
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