Live Breaking News & Updates on Nortel Networks United Kingdom Pension Plan

Stay updated with breaking news from Nortel networks united kingdom pension plan. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Bulk annuities update: Arqiva completes £204m buy-in with PIC

News analysis, case studies and informed comment on the challenges facing UK pension schemes, from Pensions Expert, a DG Publishing service ....

United-kingdom , Carl-clissold , Dominic-moret , Tom-oconnor , Paul-robinson , Joe-hathaway , Governance-group , Pension-protection-fund , Nortel-networks-united-kingdom-pension-plan , Nortel-networks-united-kingdom , Baker-mckenzie , Independent-governance-group

Legal and General complete final buyout with Nortel

Legal and General have completed the third and final buyout with Nortel Networks Pension Plan ....

United-kingdom , Dominic-moret , Hogan-lovells , Clive-gilchrist , Travers-smith , Clifford-chance , Pension-protection-fund , Nortel-networks-united-kingdom-pension-plan , General-retirement-institutional ,

Travers overcomes Covid blip as revenue spikes 15% and PEP up 22%

Travers overcomes Covid blip as revenue spikes 15% and PEP up 22%
legalbusiness.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from legalbusiness.co.uk Daily Mail and Mail on Sunday newspapers.

Jonathan-walters , Spencer-summerfield , Gotshal-manges , Kathleen-russ , Mohammed-senouci , Edmund-reed , Travers-smith , Ben-thompson , Digital-wholesale-solutions , Wavenet-group-holdings , Daisy-group , Nortel-networks-united-kingdom-pension-plan

Five stories you may have missed this week

So far, DC plans have largely been focused on the onset of auto-enrolment and changes to the regulatory framework - be it the ‘charge cap, ‘pension freedoms or consultations around ‘value for money , says Annabel Tonry, Executive Director at J.P. Morgan Asset Management (JPMAM).Download
In 2015 George Osborne, then the UK Chancellor of the Exchequer, decided that those age over 55 could take much more of their pension in cash. This has since opened up a range of possibilities for DC scheme members in the world of pensions.Download
Find whitepapers ....

United-kingdom , Blackrock , United-kingdom-general , British , David-cox , Financial-reporting-council , Linkedin , Nortel-networks-united-kingdom-pension-plan , Facebook , Associated-british , Haysmacintyre , David-cox

Nortel's UK scheme agrees second buyout with Legal & General | News

By IPE Staff2021-05-11T13:06:00+01:00
The Nortel Networks UK Pension Plan has agreed a second buyout worth £105m (€122m) with Legal & General Assurance Society Limited.
The move follows a £2.4bn buyout transaction between the scheme and Legal & General back in 2018, which ended the fund’s long assessment period in the Pension Protection Fund (PPF). Through this initial transaction, Nortel was able to secure benefits that were higher than PPF levels.
The scheme originally entered PPF assessment following its sponsor, Nortel Networks UK Limited, going into administration in 2009. Since the transaction with Legal & General in 2018 the plan has received additional funding through the sponsor’s insolvency proceedings. ....

Travers-smith , Rachel-cutts , Eversheds-sutherland , Clive-gilchrist , Pension-protection-fund , Nortel-networks-united-kingdom-pension-plan , Nortel-networks-united-kingdom , Assurance-society , General-assurance-society , Nortel-networks-united-kingdom-limited , General-retirement-institutional , டிராவர்ஸ்-ஸ்மித்