Lawyers acting on behalf of Halcrow Pensioners' Association (HPA) are disputing a proposed regulated apportionment arrangement (RAA) for the engineering company's defined benefit (DB) scheme.
The ICI Pension Fund has revealed it saved £10m by completing its latest buy-in with Legal & General (L&G) shortly after the EU referendum.
Companies could increase their defined benefit (DB) contributions rates to meet a £770bn funding gap over the next 60 years.
A regulated apportionment arrangement (RAA) has been granted as part of the Halcrow rescue plan.
The Post Office is facing strike action over plans to close its defined benefit (DB) plan to future accrual.
The Railways Pension Scheme has been awarded the Pension Quality Mark (PQM) Ready standard for its Industry Wide Defined Contribution (IWDC) section for the fourth year running.
The Bank of England's decision to hold interest rates at 0.5% has temporarily eased the pressure on pension schemes but poses dilemma for trustees, JLT Employee Benefits says
An eleven-strong industry group has been formed to help develop a fiduciary management performance standard.
Twice as many FTSE 350 companies with defined benefit (DB) schemes are supported by a weak sponsor covenant than in 2006 according to PwC.
A trend whereby insurers are providing fewer buyout quotations for smaller schemes has accelerated since the end of 2015, according to JLT.