The Department for Work and Pensions (DWP) has said it while believes in the benefits of consolidating defined benefit (DB) schemes, there are significant issues to overcome.
The aviation sector's constant evaluation of mistakes to improve safety should be applied to defined benefit schemes, as too many are making the same mistakes again and again, latest research shows.
Research by Hymans Robertson predicts existing options could shrink the DB universe by four-fifths in 25 years' time. Stephanie Baxter explores its predictions
MMC UK Pension Fund's Frank Oldham tells Stephanie Baxter how its £3.4bn longevity swap came about and why it chose a captive structure
Councillor Brenda Warrington has been appointed to lead the £23bn Greater Manchester Pension Fund (GMPF), following the recent passing away of Kieran Quinn.
Four trustees of Pakistan International Airlines' Retirement and Death Benefits Plan have been fined £500 each by the regulator for failing to audit accounts on time for two years in a row.
The BT Pension Scheme (BTPS) will close to future accrual for managers in May 2018, and will them into the telecoms giant's defined contribution (DC) scheme.
Royal Mail and the Communication Workers Union (CWU) have agreed in principal to work towards introducing a collective defined contribution (CDC) scheme for all employees.
As the Work and Pensions Committee's consultation on CDC closes, Stephanie Baxter asks whether it could offer a viable alternative in the binary pensions system
Mobius Life is working with Old Mutual Wealth to transition institutional pension clients that wish to move to Mobius's platform, PP has learned.
The pooled structure set up by 12 local authority funds has appointed an interim chief investment officer (CIO), a chief risk officer (CRO), and head of equities and alternatives.
The London Borough of Southwark Pension Fund has invested in BlackRock's newly-launched tax transparent fund that reduces carbon exposure in equities, PP has learned.
The Environment Agency Pension Fund (EAPF) has invested £150m in a tax transparent fund launched by Robeco, which will provide a low-carbon approach to value investing.
The pool set up by nine central midlands local authority pension funds has been given the green light by the Financial Conduct Authority (FCA) to operate as an alternative investment fund manager.
After a year of stellar growth, investors are concerned the global economy will not be able to sustain momentum. Stephanie Baxter looks at some of the latest economic predictions
South Tyneside Council and Northumberland County Council are setting up a shared administration service for their pension funds to improve efficiencies and benefit from greater economies of scale.
The £15bn Wales Pension Partnership has selected Link Asset Services as its authorised operator to set up and run a collective investment vehicle.
What were the most read analysis articles on Professional Pensions over the last 12 months? Here are the top stories of the year
All 6,000 UK schemes had a surplus of £358bn by the end of last month when calculated under a best estimate return on their assets, according to First Actuarial.
Toys R Us may have to pay around £9m into its defined benefit (DB) scheme so its restructuring deal can be agreed by the Pension Protection Fund (PPF), according to reports.
The government says it plans to clarify legislation around consideration of broader long-term financial risks, and schemes' ability to consider members' non-financial or ethical concerns.
Stephanie Baxter explores the results of the European regulator's assessment of resilience of DB schemes in adverse market scenarios
Just weeks until EU variation margin rules come into force for physical FX forwards, regulators have said schemes will probably not have to comply after all. This creates a lot of uncertainty, writes Stephanie Baxter
Combining Xafinity and Punter Southall's "highly complementary" businesses to create the "largest pure-play UK pensions consultancy" will be beneficial for clients, according to Xafinity.