Sir Philip Green has hit back at critics over his handling of BHS and its pension schemes, saying he "behaved like a gentleman".

The Financial Reporting Council (FRC) is seeking three pension funds to join a new investor advisory group to aid its understanding of key areas of concerns and risks.

IC Select has appointed Donny Hay as a director as it seeks to develop its business further alongside a new disclosure standard.

Staff at universities across the country are to end strike action after accepting the latest offer on the Universities Superannuation Scheme (USS).

The Work and Pensions Committee (WPC) has announced an inquiry into proposals within the government's white paper on defined benefit (DB) schemes.

This week's top stories include Tesco cutting its defined benefit deficit by £2.8bn after it changed the way it reflected long-dated corporate bond yields in its discount rate.

The BT Pension Scheme (BTPS) is to sell two-thirds of its interest in Hermes Fund Managers, the investment company it founded 35 years ago, to American asset manager Federated Investors for £246m.

Investment and law firms have the highest median gender hourly gender pay gaps out of nearly 100 pension-related firms reporting, James Phillips writes.

The time and costs involved in the process of tendering and/or switching a fiduciary manager can be 'considerable' and may make it more difficult for schemes to assess value for money and switch provider.

Granting statutory protection to pre-1997 benefits in defined benefit (DB) schemes would be an unfair cost to sponsors and would force even more closures, according to this weeks' Pensions Buzz respondents.