GLOBAL - Multinational companies are looking at innovative ways to redesign defined benefit schemes but will cut contributions by 10% in the process, research by Mercer suggests.

Raise retirement age and employee pension contributions, says key fund; Alliance Boots to outsource part of its pension plan

Trustees of the Alliance UniChem UK Group Pension Scheme have insured £300m of liabilities with Pension Insurance Corporation.

Multinational companies are looking at innovative ways to redesign defined benefit schemes but will cut contributions by 10% in the process, Mercer research finds.

UK - Two-fifths of larger employers are considering levelling down pension provision when auto-enrolment comes into force, Association of Consulting Actuaries research finds.

Two-fifths of larger employers are considering levelling down pension provision when auto-enrolment comes into force, Association of Consulting Actuaries research finds.

Strike action over pension changes at Capita Life and Pensions could have repercussions for other financial organisations, Unite warns.

Employees at AstraZeneca will strike on three dates in September in a row over cuts to the pension scheme, GMB says.

UK - The Pension Protection Fund has unveiled details of a long-term funding strategy which will make it financially self-sufficient by 2030.

UK/Global - Employees at AstraZeneca will strike on three dates in September in a row over cuts to its UK pension scheme, GMB says.