DWP issue DB funding regulations, £400m buy-in, WPT consolidated into Cushon
But supermarket says employer contributions will go up when AE changes come in
Supermarket looks to manage increases in pension costs following move to expand AE
Transaction secures the benefits of more than 22,500 scheme members
Transaction secures the benefits of more than 8,000 members
The deal with Clayton, Dubilier & Rice will provide additional protection for the schemes
EY fined over audit failings and TPR’s reassessment of unregulated investments
Trustees say neither of the two takeover bids for the supermarket will protect schemes adequately
Morrisons is planning to shut its salary-linked pension schemes in a move that could save it up to £10m a year.
Low cost supermarket Morrisons' net pension liabilities almost halved from £20m to £11m over the 12 months to February 2014.