Go-Ahead has triggered a formal 60-day consultation on closing its defined benefit (DB) scheme to future accrual, its final results show.
Taha Lokhandwala looks at the detail of InterContinental’s £440m buyout deal
Johnson Service Group (JSG) will merge its existing three defined benefit (DB) schemes into one as it looks to cut operating costs.
InterContinental Hotels Group (IHG) has agreed a £440m all-risk buyout for its UK pension plan with Rothesay Life, securing improved benefits for members owing to suitable market conditions.
Baker Tilly has completed the acquisition of RSM Tenon's trading operations after the firm's equity partners gave the move their approval.
Deficits in the private sector rose in August with smaller-cap listed and unlisted firms mainly to blame, research from JLT Employee Benefits (JLTEB) shows.
Baker Tilly has confirmed that an apparent missing employer contribution to RSM Tenon's defined contribution (DC) scheme was paid in July 2012.
RSM Tenon's collapse could potentially leave more than £600,000 of outstanding contributions to its defined contribution (DC) scheme unpaid as the payment competes with higher ranking debts.
Legal & General property has begun developing a building acquired by the business in 2009 by adding 25,000 sq foot of office space.
Engineering firm Costain's defined benefit (DB) scheme deficit has reduced following risk reduction exercises and in spite of 2012's plummeting discount rates, its interim results show.