FTSE350 firms' contributions to their defined benefit (DB) pension deficits are at the lowest level in five years, according to research by Barnett Waddingham.

TUI Travel has embedded a Pension Increase Exchange (PIE) offer into its retirement processes, in a move which has cut its liabilities by up to £32m.

Aviva will do more mid-sized bulk annuity deals with companies over the remainder of the year after more than doubling its bulk business.

JPMorgan Asset Management (JPMAM) will rely on its existing fund range to meet demand for post-Budget retirement income offerings for defined contribution (DC).

Schemes will find out in seven days whether they will be able to extend their exemption to centrally clearing over the counter (OTC) derivatives.

Legal & General (L&G) has seen record growth in its annuity business following increase in demand for bulk annuities, according to the group's half yearly report.

Pension funds are helping to drive transparency in the FX markets as broker-dealers are increasingly incentivised to move to electronic trading.

BBA Aviation has introduced an asset-backed funding scheme to replace deficit contributions to its UK defined benefit (DB) scheme, following the firm's sale of a subsidiary.

Do you understand what your scheme is paying?

The Bank of England has received mixed reaction to its paper on how pension schemes and insurance firms could contribute to procyclicality by amplifying asset price movements and destabilising the economy.