Building materials manufacturer Lafarge has more than doubled its contributions to its UK pension fund after scheme and sponsor negotiated a beefed-up recovery plan to tackle the funding deficit.

Many schemes worked hard this year to make a dent in their pension fund deficit as liabilities soared, employing methods ranging from simple payment increases to complex recovery plans. Scheme funding ...

LONDON, May 29 (Reuters) - Britain's government wants many pension schemes to merge to become "megafunds" with at least 25 billion pounds ($34 billion) of assets by 2030, it said on Thursday, part of ...

LONDON (Reuters) - UK pension schemes are expected to transfer more than 10 billion pounds in payout obligations to insurance firms in 2014 and competition for deals is heating up as insurers seek to ...