Investment

The initial funding level test criterion for the new British Steel Pension Scheme (BSPS) have been "comfortably met", according to the trustee.

Prudential is to separate M&G Prudential from the insurance business to create two separately-listed companies.

In light of the recent market correction and heightened volatility, Stephanie Baxter explores whether schemes should consider downside protection strategies

Strike action is set to continue at universities across the country after the University and College Union (UCU) rejected a negotiated deal to reform the Universities Superannuation Scheme (USS).

Defined benefit (DB) schemes saw a £21.1bn growth in their funding shortfall last month as both gilt yields and equities suffered falls, according to the Pension Protection Fund (PPF).

Pension Insurance Corporation (PIC) has agreed to a £60m, 50-year debt investment in The Mercers' Company, six years after buying out its staff pension fund.

An industry taskforce aimed at boosting innovation in the finance industry to enhance the profitability of social impact investment has been commissioned by the prime minister.

Universities UK (UUK) has come to an agreement with the University and College Union (UCU) over the future of the Universities Superannuation Scheme (USS), reducing entitlement but maintaining defined benefit (DB) accrual.

The £41bn Local Government Pension Scheme (LGPS) Access pool has named Link Fund Solutions as its external provider of operator services ahead of the April pooling deadline.

GKN's proposed merger deal with Dana means over two thirds of the group's gross pension liabilities will remain with the engineering giant, according to Melrose.