Deal is largest ever transaction from pension schemes to insurer
XPS buys Penfida, Opperman leaves pensions minister role, and TPO dismisses complaint
£11.6m deal significantly boosts the consultancy’s covenant capabilities
Deborah Gudgeon has been appointed a senior adviser at Penfida where she will help develop the business.
Amid reports ministers could be granted public interest powers to interfere in company takeovers to protect schemes, Stephanie Baxter asks if it would really help prevent another BHS.
The planned sale of Aga has been dubbed a win for the trustees of its deficit-ridden DB scheme but Stephanie Baxter finds this is just the start of the journey.