Sentences with phrase «benefit pension scheme»

There are huge numbers involved here: defined benefit pension schemes account for around # 1.1 - trillion of pension assets.

Meanwhile this week it was reported that more than half of those defined benefit pension schemes still open to new members will be closed due to the current economic situation.

Changes to defined benefit pension schemes set to come into effect in 2016 could see retirement incomes fall, as the state pension scheme is revamped.

However, the question remains in the minds of many: is it possible to acquire a business with a defined benefit pension scheme risking without your own business?

In addition she advises on corporate real estate transactions and asset backed contributions structures for defined benefit pension schemes.

The table above summarises the movements in the net liability of the Group's various defined benefit pension schemes in Ireland, the UK and Continental Europe in accordance with IAS 19: Employee Benefits (2011).

Drinks company Diageo has avoided a strike by members of its defined benefit pension schemes after union members accepted a deal, bringing to an end months of back - and - forth.

Of course, there are plenty of businesses with defined benefit pension schemes which are not BHS or Tata Steel.

The Defined Benefit Pension Schemes white paper, published 19 March, has announced that «wilful or reckless behaviour in the handling of company pension funds» may become a criminal offence, punishable of up to two years in prison.

In any insolvent or distressed situation, a defined benefit pension scheme becomes a very large creditor (often the largest).

Advised on the acquisition of a manufacturing conglomerate across multiple jurisdictions, including informing or consulting employee representatives, dealing with a substantial defined benefit pension scheme deficit, and negotiating new service agreements for the board of directors

If you are trying to find the best pension plan in India, it may be beneficial to understand the advantages of retirement planning and the retirement benefits each pension schemes in India provides.

Drinks company Diageo has avoided a strike by members of its defined benefit pension schemes after union members accepted a deal...

Generally, an employer's wider group, whether in the UK or otherwise, has no legal obligation to make good the deficit in that employer's UK defined benefits pension scheme.

Workers are fighting plans to change their USS defined benefit pension scheme to a defined contribution one.

It will allow DB pension funds far more freedom when carrying out their valuations, which will inevitably mean that defined benefit pension schemes will be better able to ride out these unprecedented economic circumstances.

The Teachers» Pension Scheme is a Defined Benefit pension scheme, where the amount of the pension to be received is based on a pre-existing formula.

Or is it buyout from a defined - benefits pension scheme?

«Flight Paths» — longer term plans for defined benefit pension schemes that aim to smooth the path to buy - out or self sufficiency

Earnings in the period of $ 13.3 m attributable to equity shareholders were offset by losses of $ 4.7 m on the retranslation of the net assets of foreign currency denominated operations, actuarial losses of $ 3.5 m (net of deferred tax) on employee defined benefit pension schemes, revaluation losses of $ 2.2 m (net of deferred tax) following the revaluation of property and the payment of the final 2012 dividend of $ 5.0 m to equity shareholders of the Company.

The net liability of the Group's defined benefit pension schemes (net of deferred tax) increased to $ 26.6 m at 30 June 2013 from $ 23.7 m at 31 December 2012.

«They have increased their working week and have accepted the closure of their defined benefit pension scheme.

Tesco also has a relatively large and growing defined benefit pension scheme, which is something else I look at today but didn't look at in 2012.

Not all Type A events fall within the scope of the regulator's moral hazard powers but if a Type A event is being contemplated, it is important to consider the impact of that event on any defined benefits pension scheme and establish how to mitigate any detriment caused.

Appropriate pricing and business planning can ensure that a defined benefit pension scheme is no bar to successful acquisition activity.

Defined benefit pension schemes are challenging because the liabilities are uncertain, right up to the moment when the last beneficiary dies.

Of course, for some purchasers, the idea of taking on a defined benefit pension scheme, with its undefined costs and restrictions on corporate behaviour, is a step too far.

This in itself can discourage many businesses from taking on a defined benefit pension scheme.

However, the mere existence of a defined benefit pension scheme should not stop you purchasing a business.

Funding Solutions: TUI Travel on its funding negotiations with the trustees of its # 1.7 billion defined benefit pension scheme, including on the establishment and restructuring of its asset backed funding arrangement

The Supreme Court has recently ruled that survivor's pensions, available under many occupational defined benefit pension schemes, should be available to same - sex surviving spouses and civil partners without limiting the pension to a scheme member's service after 5 December 2005 (the day Civil Partnerships came into existence).

Barclays» defined benefit pension scheme has some 230,000 members and a deficit of approximately # 4.8 bn as at 30 September 2017.

This is the first ever walkout by staff at these sites and the cause was BMW's plan to close a defined - benefit pension scheme and replace it with a contribution - based scheme, a move the Unite union believe will cost workers up to # 160,000 in lost income...

The High Court has ruled that Barclays» pensions proposals will not hold up its ring - fencing plans, in a decision that considered widely relevant issues of restructuring defined benefit pension schemes and Pensions Regulator clearance.

US owners or would be owners of UK companies should take extra care in the case of a UK defined benefit pension scheme («DB Scheme»), sometimes known as a «final salary» scheme, in the UK group.

Advised various companies on consultations with their workforce over the closure of defined benefit pension schemes and replacement with defined contribution plans.

Advice to the potential purchaser of an insolvent business which operates a large underfunded defined benefit pension scheme.

Multiple employers in relation to the closure of their defined benefit pension schemes to future accrual and the implementation of new benefit arrangements

Management of closure of final salary or defined benefit pension schemes to future accrual for employers