UK - Employers will be allowed three months' grace before auto-enrolling staff into a pension scheme, the Department for Work and Pensions says.

Employers will be allowed three months' grace before auto-enrolling staff into a pension scheme, the Department for Work and Pensions says.

Aegon has sold its third-party administration business to corporate consultants Goddard Perry for an undisclosed sum, saving 82 jobs.

Marks & Spencer Pension Trust has appointed Graham Oakley as its new chairman, the M&S Group announced today.

The government must be careful about how auto-enrolment feeds into the means-tested system, Society of Pension Consultants president Kevin LeGrand warns.

FTSE350 scheme deficits stood still at £85bn in Q2 and Q3, despite a rise in global equity markets in the third quarter, Mercer data reveals.

UK - The shift to CPI indexation could cut scheme liabilities by 3% but may not result in a one-off profit windfall for firms, an accounting task force has proposed.

Sausage skin manufacturer Devro has reached an agreement with its scheme members to wipe 8% off its liabilities, it announced today.

The findings of the independent review into the operation of auto-enrolment will be released next week, pensions minister Steve Webb confirms.

UK - Uniq and the pension scheme trustees have come up with a revised funding agreement that could see 90% of the company's equity handed to the trustees.