The Lancashire County Pension Fund Committee and the London Pensions Fund Authority Board (LPFA) have pooled combined assets of £10bn with the aim of saving at least £32m in costs.

KPMG is being investigated for its role in ensuring BNY Mellon complied with rules designed to protect client assets after the bank was found to have breached them.

The bias of UK schemes to domestic equities cost them around 2% in lost returns last year, according to research from Goldman Sachs Asset Management (GSAM).

Total deficits in FTSE 250 defined benefit (DB) pension schemes hit £12bn last year after rising more than 70% in 12 months, according to JLT Employee Benefits.

Pension schemes are likely to raise their exposure to equities in the next three years as they chase returns in the face of low bond yields, according to research.

PP looks at Dutch pension research revealing economies of scale differ across asset classes

Companies are not disclosing vital information about the workforce despite it being a clear driver of long-term sustainability. Stephanie Baxter finds out why it is a concern

With the Treasury set to consult on a charge cap to tackle excessive early exit fees, industry figures warn it will not work because it overlooks the real problem, writes Stephanie Baxter

HM Revenue and Customs (HMRC) will shortly issue guidance to clarify that drawdown funds will not be subject to inheritance tax (IHT) charges after lawyers raised concerns.

The Treasury's action on punitive exit charges has been welcomed but there are concerns that clamping down too much on fees could be detrimental for savers.