Heathrow Airport's defined benefit (DB) plan has completed a £325m pensioner buy-in with Legal & General (L&G) financed by an innovative corporate bond.
As the government considers reviewing where schemes rank in insolvencies, James Phillips explores how likely it is for schemes to be able to recover debts and if change is needed.
Scottish and Southern Energy (SSE) has entered into two buy-ins with Pension Insurance Corporation (PIC), and a longevity swap with Legal & General (L&G).
Ross Trustees has appointed Nigel Moore and Darren Mason as independent trustees.
James Phillips explores what the win for the trustees in the British Airways trial means for other pension schemes.
This week's top stores included coverage of eight promotions made by Hymans Robertson, as well as PTL becoming a standalone business after completing a management buyout.
CMS has named Mark Grant as head of pensions as the law firm completes its tripartite merger with Nabarro and Olswang.