Telent - the former Marconi telecoms group owned by Pension Corporation - has agreed a 15-year funding plan with trustees in a bid to shore up its pension scheme.
UK - Bulk annuity sales could hit £3bn (US$4.9bn) this year after pension funds purchased more than £2.4bn during the first three quarters of 2009, Mercer said.
Bulk annuity sales could hit £3bn this year after pension funds purchased more than £2.4bn during the first three quarters of 2009, Mercer says.
The trustee of three Denso Manufacturing Midlands pension schemes has agreed a buyout with Pension Insurance Corporation.
Pension Corporation has appointed six staff across its business to bolster its team.
Although the buyout market is showing signs of recovery, Sebastian Cheek explains that its expense still forces many DB schemes to seek alternative ways of removing risk from their balance sheets
Pension Insurance Corporation is set to insure the remainder of the Thomson Regional Newspapers Pension Fund, a pension scheme sponsored by Citigroup.
Universities facing pensions crisis; Pension Corporation set to raise more funds.
Pension Insurance Corporation is set to insure the remainder of the Thomson Regional Newspapers Pension Fund, a pension scheme sponsored by Citigroup.
UK - Pension Corporation is considering an initial public offering as pension plan deficits soar, a source familiar with the matter confirms.