The Gartmore Pension Scheme has entered into a buy-in with Pension Insurance Corporation to cover the liabilities related to all of the scheme's 600 members.
Pension Corporation has completed the buyout of an ancient merchant trade association's defined benefit pension scheme.
How will the latest funding reviews affect schemes and sponsors
This could be a dire year for schemes as last year's losses are compounded in the first quarter and crystallised for the 40% of schemes with triennial valuations in March, warns Pension Corporation.
Pension Corporation's David Collinson takes John Redwood to task
Guaranteeing indexation has increased the cost of providing defined benefit pensions by 12% over the past 20 years, according to Pension Corporation research.
The overwhelming majority of pension schemes are highly vulnerable to future inflation rises, according to a joint survey by Redington and Pension Corporation.
Telent and its trustees, Stanhope Pension Trust, have renewed the scheme's administration contact with Xafinity Paymaster for another five years.