TUI Travel is in advanced negotiations with its scheme trustees over plans to merge four of its six defined benefit schemes to tackle its £431m deficit.
Russell Investments has hired a senior investment consultant from Towers Watson to boost its EMEA consulting and advisory services team.
Travel agent Thomas Cook has closed its final salary pension scheme to future accrual.
Radical ideas such as abandoning the term ‘pension' and introducing an industry paid for lottery for savers should be adopted to plug the £9trn retirement savings gap, Ros Altmann says.
Still tirelessly calling trustees to action; Boards ‘would welcome' strategy feedback; Pension access to be eased; Lottery draw plans for pensions; Property fund targets defined contributions; UK faces £9 trillion savings shortfall
Pensions Regulator stages education drive; Will Australian businesswoman support frozen pensions campaign?
National Express UK Bus division has agreed an improved recovery plan with trustees of its pension fund, in response to a soaring deficit.
Pensions minister Steve Webb has defended the green paper on simplifying the state pension, saying the proposals would provide better outcomes for women.
L&G misses forecast for annuity sales; Canadian group leads race for Green Park
CMS Cameron McKenna has boosted its pensions team with the promotion of Pete Coyne and Emma Frost to partner.