The Labour Party could extend its restriction on higher rate pensions tax relief to include people earning more than £100,000, Gordon Brown suggested last night.

UK - The Labour Party could extend its restriction on higher rate pensions tax relief to include people earning more than £100,000 (US$153,140), Gordon Brown suggested last night.

In these straitened times ‘gold plated' public sector pensions face growing calls for fundamental structural reforms to tackle a staggering £1trn unfunded deficit.

With increasing pressure on trustees to master several different disciplines, Thomas Selby asks whether too much is being asked of them, and whether independent trustees are the answer

Technology and engineering firm GKN has agreed a £30m per year asset-backed payment with the schemes trustees to tackle its £499m deficit.

The Universities Superannuation Scheme has invested $135m (£89m) in the Neuberger Berman Secondary Opportunities Fund II.

UK - The Universities Superannuation Scheme has invested US$135m in the Neuberger Berman Secondary Opportunities Fund II.

Lane Clark & Peacock has promoted Ben Adams, Rob Guthrie, Paul Marsland, Richard Mills and Tim Marklew to partner.

Goddard Perry Consulting is set to launch a new actuarial practice, Goddard Perry Actuarial.

The number of schemes using non-cash assets to pay off deficits will outstrip buyouts over the next five years, Deloitte claims.