All scheme mergers articles – Page 2

  • Getty Images
    Features

    Stagecoach tightens governance reins with scheme merger

    2016-10-05T00:00:00Z

    Stagecoach Group has merged one of its smaller pension plans with its £1.3bn defined benefit scheme, but the company has maintained a separate section for the smaller fund, keeping liabilities separate while potentially sharing some costs.

  • Paul Boerboom
    Opinion

    How to make your providers work harder

    2016-08-09T00:00:00Z

    In early 2017 the Financial Conduct Authority is expected to present the final report on its asset management market study. One of the important topics the FCA wants to understand is whether the relationships between pension funds and their investment consultants are subject to misalignment of interest and conflicts.

  • Spence Johnson
    Opinion

    Scheme fragmentation more stark in private sector than public

    2015-09-08T00:00:00Z

    Data Crunch: The appointment last month of Edi Truell as the London Mayor’s new adviser on pensions and investments is part of an initiative, we are told, to amalgamate some of the country’s numerous public sector pension funds and aims to save billions of pounds through greater efficiencies, lower fees and improved returns.

  • News

    How to get the best for your scheme in M&As

    2015-04-13T00:00:00Z

    Any Other Business: Last week, oil giant Royal Dutch Shell announced plans to buy rival BG Group for £47bn and is widely predicted to be the first in a swath of deals across the sector.

  • Features

    Imerys consults on ceasing DB accrual after merger

    2014-10-10T00:00:00Z

    Mineral specialist Imerys is undertaking a consultation to cease accrual in its defined benefit pension scheme, following the completion of a scheme merger earlier this year.

  • News

    Vodafone revisits scheme comms after bringing onboard 6,200 members

    2014-09-02T00:00:00Z

    Vodafone is reviewing its communication strategy after a significant increase in the size of its defined contribution pension plan following auto-enrolment and an influx of members from its Cable & Wireless acquisition.

  • Features

    Vodafone scheme completes CWW merger with £325m employer payment

    2014-07-29T00:00:00Z

    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.

  • News

    Local authority schemes welcome government CIVs

    2014-05-08T00:00:00Z

    Local authority pension schemes have come out in support of proposals to pool local government pension scheme assets into two common investment vehicles.

  • Getty Images
    Features

    Managers' examples on reducing risks from 2013

    2013-12-17T00:00:00Z

    Year in review: Pension managers and trustees took a variety of measures to protect their members' benefits, Pensions Week reported over the past year, from more efficient administration software to covenant safeguards.

  • News

    LGPS given reform blueprint to cut costs

    2013-12-02T00:00:00Z

    News analysis: Local government pension schemes are being called upon to increase governance and change investment structures to save taxpayers £1bn a year.

  • Sellafield, Cumbria
    Features

    Nuclear fund on course to claw back £1m merger cost

    2013-11-21T00:00:00Z

    The Nuclear Decommissioning Authority is close to recouping the £1m it spent merging two schemes into the Combined Nuclear Pension Plan in a bid to save on administration and advisory costs.

  • News

    Gwynedd presents merger plans to boost returns

    2013-11-07T00:00:00Z

    News analysis: Gwynedd County Council Pension Fund has taken steps towards establishing a common investment vehicle with other Welsh schemes, as public schemes investigate consolidation to provide savings and higher investment returns. 

  • RCA
    News

    Saul outlines policy for strengthening through mergers

    2013-10-11T00:00:00Z

    The Superannuation Arrangements for the University of London has detailed its merger policy as part of work to help achieve economies of scale across support staff pension schemes.

  • News

    Chiltern funds target £2.5m merger saving

    2013-08-13T00:00:00Z

    Oxfordshire, Buckinghamshire and Berkshire councils are in preliminary talks about merging their pension funds in an attempt to save £2.5m a year, as more local authority schemes club together to reduce costs.