The legal definition of fiduciary duty must be changed to halt "dysfunctional" interpretations by trustees, FairPensions argues.
The responsible investment group argues trustees' fiduciary duty to act in members' interests has been routinely misunderstood to mean ‘the duty to maximise returns'. The report claims this leads pension...
The trustees of the Alcatel-Lucent Pension Scheme have agreed a £100m pensioner buy-in with Pension Insurance Corporation (PIC).
The collective deficit of the UK's defined benefit (DB) scheme has shrunk by more than £200bn due to the inauguration of Donald Trump as US president, Hymans Robertson says.
Scottish Widows will remove early exit fees across all of its workplace and personal pension policies ahead of the charge cap deadline.
The Tax Incentivised Savings Association (TISA) has made two senior appointments to its policy and retirement teams.