All recovery plan articles – Page 8
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FeaturesRBS reviews recovery plan as interest rates hurt funding level
The Royal Bank of Scotland has extended its pension fund recovery plan and increased contributions following a slip in the funding level.
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Opinion
Employer growth emphasis will separate the wheat from the chaff
The Pensions Regulator's announcement of the need for schemes to take into account an employer’s ability to grow followed intense lobbying on the government to give employers more flexibility on the timing of contributions.
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Features
Vodafone scheme completes CWW merger with £325m employer payment
Vodafone has contributed £325m to its defined benefit scheme as it completes the transfer of the Cable & Wireless Worldwide Retirement Plan, after purchasing the rival telecoms company in 2012.
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News
BBC plan sees slight deficit improvement as contributions bed in
The BBC has seen a small improvement in its accounting pension deficit as it embarks upon a 12-year plan of additional contributions to boost its scheme funding.
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Features
Imperial Tobacco ups employer contributions after funding drop
Imperial Tobacco has increased contributions to its UK defined benefit scheme to boost its winding-up funding level, which has dropped by 12 percentage points, according to its latest valuation.
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NewsPearson scheme reaches full funding due to increased employer contributions
The defined benefit section of the Pearson Group Pension Plan has reached close to 100 per cent funding less than 18 months after agreeing a reduction in the length of its recovery plan.
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FeaturesSiemens shrinks deficit with asset-backed funding deal
Engineering and electronics company Siemens has set up a Scottish limited partnership for its UK defined benefit scheme to provide additional security for members, shutting a large part of its deficit and stabilising the company’s cash flow.
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News
Employers turn to reservoir trusts to capture funding gains
Employers are increasingly using reservoir trusts to increase the funding and security of defined benefit schemes, in a desire for less complicated asset-backed structures in light of recent regulatory scrutiny.
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OpinionEditorial: For the data controller (that's you)
While it may not receive the same frenzied attention as pension liberation, or hold the excitement of stewarding a growth portfolio, data protection is clearly of critical importance.
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News
Thales commits £1.6bn to scheme after funding drop
Thales UK pension scheme has enhanced its recovery plan following a deterioration of its funding position due to low interest rates.
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FeaturesRPMI tackles covenant risk with employer ratings
RPMI has rated its more than 150 different sponsors according to how strong their covenant is, as it assesses how to improve the scheme’s security.
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Features
RPMI tackles covenant risk with employer ratings
RPMI has rated its more than 150 different sponsors according to how strong their covenant is, as it assesses how to improve the scheme’s security.