Millions wiped from workers' pensions; Quango bosses double their pay

AllenbridgeEpic Investment Advisers has boosted its real estate team in response to increased client appetite for property with the appointment of a second sector specialist.

The UK Sustainable Finance and Investment Association will call on employers to help their pension funds support the UK Stewardship Code at the launch of its biennial pensions report.

Aga Rangemaster has seen its pension scheme surplus rise by £15.6m on an IAS19 basis in the six months from January to June.

Phoenix group has closed its defined benefit pension schemes to future accrual to limit future costs and volatility relating to the funds' deficit.

The alarm over funding position volatility since July could have been avoided if schemes measured liabilities based on inflation rather than gilt yields, an actuary believes.

A dozen longevity swap deals are set to complete in the next 18 months after the £1.7bn ITV Pension Scheme deal reinvigorated the market, a consultant says.

The reasons cited by members for accepting an enhanced transfer value offer should be a cause of alarm, an expert says.

Pensions and Investment Research Consultants has advised Stagecoach investors to vote down a proposed executive remuneration package at the company's annual general meeting on Friday.

Henry Boot has seen its pensions deficit rise in the first six months of this year despite implementing a raft of changes in March to limit its liabilities.