Guidance aims to make trustee action ‘as effective as possible’ in 2025
Asset managers poised to launch reserved investor fund offerings from 19 March
Heathrow Airport scheme deficit now stands at £99m, down from £128m at end of 2023
Sponsor and trustees now assessing transferring the scheme to a third party
Sudden decline of ‘Magnificent Seven’ could see funding levels drop by as much as 11%
Schemes can invest in the fund through TPTIM’s fiduciary management service
Initiative may help trace many of those unreachable by standard tracing services
Calls to enable more active ownership of UK shares and to increase AE minimums
Growth in bank’s insurance arm partly driven by strong performance in workplace pensions
Triennial funding valuation at 31 March 2024 reveals funding ratio of 104%