British Steel Pension Fund has added a television studio and planned digital media centre in Cardiff to its property portfolio after purchasing both sites from Aviva Investors.

Public sector unions have launched a legal challenge over the government's decision to adopt Consumer Prices Index inflation to uprate pensions - the second bid in as many months.

Charges levied by the National Employment Savings Trust are too high and need to be reduced to fulfil its low cost obligations, the Confederation of British Industry says.

UK - Switching pension uprating to Consumer Prices Index is the biggest "raid" on pensions since the change to scheme corporation tax arrangements in 1997, a trade union says.

Switching pension uprating to Consumer Prices Index is the biggest "raid" on pensions since the change to scheme corporation tax arrangements in 1997, a trade union says.

The UK is failing to attract the level of investment needed to build a low carbon economy, the Confederation of British Industry warns.

European investor confidence into riskier assets is increasing - bucking a global trend of reduced risk appetite from institutional investors, State Street research shows.

The Treasury should ditch plans to use GDP expectations to set public sector pension discount rates because it "fundamentally misrepresents" pension economics, leading figures say.

UK - The UK's biggest defined benefit schemes have knocked £40bn ($65bn) off their deficits over the past year, as stronger equity performance pulls schemes towards full funding, figures show.

The UK's biggest defined benefit schemes have knocked £40bn off their deficits over the past year, as stronger equity performance pulls schemes towards full funding, figures show.