Investment

It is rare for companies to have any good news with regards to the pension schemes they sponsor.

Cineworld has agreed to increase employer contributions to its new defined contribution scheme after negotiations with union Bectu.

Investment consultants are monitoring the transition management teams of BlackRock and BGI - both major players in the UK market - following the announcement of the merger of the two asset management giants.

The House of Lords Select Committee on Economic Affairs has delivered a damning verdict on government's plans to restrict tax relief on pension contributions for people with incomes over £150,000.

The Pensions Regulator has published a statement emphasising the importance of prudent funding levels and stating where sponsors are in trouble, flexibility is available in recovery plans.

Balanced pooled funds achieved a median return of 2.2% in May, latest CAPS pooled pension fund performance results from BNY Mellon Asset Servicing reveal.

Ernst & Young is to appeal a decision of the accountants' disciplinary body over its audit of Equitable Life.

The reputation of financial intermediaries - such as investment consultants - among institutional investors has been heavily damaged by the financial crisis, a survey by KPMG has found.

FTSE has teamed up with specialist currency investment manger Record to launch a range of currency indices

Investment Solutions has launched a fiduciary management service targeting small and medium sized firms.