Industry

Union bosses have branded executive managers at an exam board "hypocrites" for axing defined benefit pensions for staff but retaining them for senior management.

Accrued benefits for deferred occupational scheme members will have plummeted 20% by retirement if schemes use Consumer Price Index inflation to uprate benefits, research finds.

Greater Manchester Pension Fund will increase employer contributions by 1.4 percentage points after its funding level dropped from 100% to 96.4% following its triennial valuation.

Friends Provident's Trevor Matthews is to step down as chief executive and hand over the reins to former Scottish Widows chief Andy Briggs.

University workers will be balloted for strike action over pension changes after the Universities Superannuation Scheme confirmed an end to its final salary scheme for new entrants.

Plans to introduce a universal state pension could be held back until 2014 to give the coalition government a boost at the next general election, a policy expert says.

A third of employers say abolition of the default retirement age will prompt them to better promote their company pension scheme, Hargreaves Lansdown says.

Universities Superannuation Scheme trustees have rejected plans to cap inflationary increases for members' benefits and force people who re-join the fund to switch to career average.

The search is now underway for the Pensions Personality of the Year 2011 - and once again we are asking you, our readers, to nominate candidates for the accolade.

News International group pensions manager Rosie Kumik, who passed away on Friday 7 January, was an "invaluable and "inspiring" person, colleagues said today.