UK's leading final salary pensions see deficits jump 80% to £73bn; Final Salary pensions deficit soars
Punter Southall is set to outsource its pension administration software development and support services to Independent Transition Management in a deal that will see the transfer of 30 staff.
Employers are saving up to £4.53bn a year in pension contributions as millions of employees withdraw from final salary schemes, MGM Advantage research reveals.
Pension warnings go unheeded as half of Britons fail to save enough; BT's pension scheme to hold less in equities
The Pensions Regulator's extended power to issue contribution notices under the material detriment test has come into force.
Trustees must make a stand against employers using the recession as an excuse to take a "slash and burn" approach to occupational pensions, delegates heard.
NETHERLANDS - Ministry of finance officials met with the largest Dutch pension funds today to urge them to help bolster the Dutch economy.
Pension saving by women over 50 has been hit the hardest by the economic downturn, Scottish Widows research reveals.
CANADA - The shareholders of the Macquarie Communications Infrastructure Group (MCG) have ratified the acquisition offer made by the Canada Pension Plan Investment Board (CPPIB) in March.
The Universities Superannuation Scheme is in talks with global hedge fund managers to build up a direct exposure to the asset class.