More than two-thirds of contractors who take on outsourced local authority services are unaware of potentially crippling pensions costs at the end of their contract, Punter Southall research reveals.

Costain has announced it has closed its defined benefit pension scheme to future accrual in a bid to reduce risk and volatility.

Aggregate Industries has announced its two largest pension schemes have entered into insurance transactions to transfer risk to Pension Insurance Corporation.

A group of 17 global pension schemes, institutional investors and other organisations have launched a study to look at the potential impact of climate change scenarios on strategic asset allocation.

GLOBAL - A group of 14 global pension schemes and institutional investors have launched a study to look at the potential impact of climate change scenarios on strategic asset allocation.

UK - Proposed changes to international accounting standard IAS19 could wipe £8.7bn (US$13.2bn) off reported company profits, Mercer warned.

Proposed changes to international accounting standard IAS19 could wipe £8.7bn off reported company profits, Mercer warns.

We see it all the time. One day no-one has heard of something, the next you can't move for people telling you it is the next big thing.

Fidelity has launched an employer financed retirement benefit scheme (EFRBS).

Industry responses to the Treasury's consultation on proposals to restrict higher-rate tax relief for those earning more than £130,000 - which closed yesterday - have been vehemently against the move.